Luke Gromen: Ballooning Deficit Caused By Higher US Debt Costs Likely To Force The Fed To Pivot
HomeBlogLuke Gromen: Ballooning Deficit Caused By Higher US Debt Costs Likely To Force The Fed To Pivot
Adam Taggart
To-date, Adam’s efforts have educated and informed millions of people just like you, and directed hundreds of $millions of their investment capital into good protection and stewardship – achievements he’s very proud of because he predicts challenging times lie ahead for the unprepared investor.
With the aggressive return of higher interest rates, the gargantuan piles of debt that world nations owe to each other suddenly become a lot more worrisome.
Higher interest rates means higher debt service costs. Which means less money left over for governments to fund their operations.
Today’s guest, macro analyst Luke Gromen, has long warned that the world has been heading into a massive sovereign debt crisis.
Have today’s rising interest rates just accelerated the day of reckoning? And what will such a reckoning look like?
In this video, we dive deep with Luke for answers.
The information, opinions, and insights expressed by our guests do not necessarily reflect the views of Wealthion. They are intended to provide a diverse perspective on the economy, investing, and other relevant topics to enrich your understanding of these complex fields.
While we value and appreciate the insights shared by our esteemed guests, they are to be viewed as personal opinions and not as official investment advice or recommendations from Wealthion. These opinions should not replace your own due diligence or the advice of a professional financial advisor.
We strongly encourage all of our audience members to seek out the guidance of a financial advisor who can provide advice based on your individual circumstances and financial goals. Wealthion has a distinguished network of advisors who are available to guide you on your financial journey. However, should you choose to seek guidance elsewhere, we respect and support your decision to do so.
The world of finance and investment is intricate and diverse. It’s our mission at Wealthion to provide you with a variety of insights and perspectives to help you navigate it more effectively. We thank you for your understanding and your trust.
💡Get a free portfolio review with Chris Casey and the team at WindRock by going here: https://bit.ly/3KpfcXE Markets are near highs, valuations are stretched, and investors are nervous. At the same time, government debt and solvency risks are exploding. How […]
Fed Governor Christopher Waller (leading Trump candidate to replace Chair Powell) said the U.S. labor market is weak enough to warrant another 25bp rate cut at the Dec. FOMC meeting (12/9-12/10). “The labor market is soft. It’s continuing to weaken.” […]
💡Want to prepare your portfolio for tokenization and the next phase of markets? Get a free portfolio review with Wealthion’s endorsed financial advisors at https://bit.ly/49DiEbr Legendary market strategist Tom Lee joins Chris Perkins to explain why we’re entering a tokenization supercycle […]
This is why we created Wealthion. To bring you the insights of some of the world’s experienced wealth advisors and then connect you with like-minded, independent financial professionals who will create and manage an investment plan custom-tailored to you. We only recommend products or services that we believe will add value to our audience. Some links on our website are affiliate links. This means that if you click on them and use the affiliate’s services, we may receive a payment from the vendor at no additional cost to you.
Please share a little more information so we can best serve you. This service provided by a registered investment advisor and a subsidiary of Wealthion.
