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Inside the Economy: Debt Absorption and Rising Rates

By March 8, 2021March 9th, 2021No Comments

This week on “Inside the Economy”, we take a look at the nation’s debt levels and the direction of interest rates. The recent movement in Congress on another stimulus package will add another $1.9 trillion to the nation’s debt. Are these debt levels sustainable? What’s the impact of the debt and will it be manageable when interest rates rise? The stock market has experienced recent volatility, specifically in the tech sector. Where will the index be at the end of 2021? Tune in to find out more!

Key Takeaways:

  • Current stimulus package is around 9% of GDP
  • Personal Income continues to rise due to stimulus checks
  • Oil prices reach mid $60s
  • Unemployment continues to decline

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