Wealth Formula by Buck Joffrey
426: Velerity Wealth Update 5/8/24
May 8, 2024
US debt fears overblown but appetite of investors to buy US debt questioned. Foreign investment decline, central banks buying gold. Position portfolios with real assets, leverage, tax-efficient investments. Current market trends: Latest FED outlook, interest rate trends.
25:19
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Quick takeaways
- US debt is manageable compared to other global economies, ensuring investor confidence.
- Real assets like gold, real estate, and aviation assets are favored for portfolios amid debt risks.
Deep dives
US Debt Levels and Global Comparisons
US debt to GDP is high but not alarming when compared to other global economies like France, Spain, or Japan. Debt holdings by the US include intergovernmental debt, which does not significantly impact overall government finances. The ability to print money and the global demand for the US dollar provide a buffer before major concerns arise about the debt levels, influencing investor confidence.
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