2min snip

Bloomberg Surveillance cover image

Surveillance: US CPI with Bryson

Bloomberg Surveillance

NOTE

Long-Term Investing and the Fiscal Side

Investors shouldn't worry about day-to-day market fluctuations. Despite the whipsaw action, long-term bonds won't see significant capital gains due to the government's massive borrowing and fiscal trajectory. The U.S. needs to address the defense budget and entitlements to improve fiscal health. Budget deficits stem from wars, tax cuts, and government spending during crises without proper funding.

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