January 9, 2023

MCCARTHY WIN SETS UP A TOUGH DEBT CEILING CRISIS AHEAD

By Nigam Arora & Dr. Natasha Arora

To gain an edge, this is what you need to know today.

Debt Ceiling Crisis Ahead

Please click here for a chart of U.S. national debt.

Note the following:

  • Prudent investors need to look beyond a few months to be prepared.
  • The chart shows the national debt increase has gone parabolic.
  • For healthy stock and bond markets and a good economy, the pace of national debt rise is not sustainable.
  • Conditions have become ripe for a debt ceiling crisis ahead.
  • As a reminder, The Arora Report is politically agnostic.  Our sole job is to help investors.
Please click here or the title below to read more.
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