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National Debt - Reality Check


National Debt – Reality Check

As the Federal Reserve continues to raise interest rates this year, it is causing a problem for our national debt in the form of increased interest payments. Interest payments for the federal government are up 22% in the last two months alone. This is also contributing to debt problems for individual consumers as credit card debt is up and personal savings rates are down over the past 18 months.

Written by

James E. Gore, CFA®, CAIA, CMT®

Jim serves as the Chief Investment Officer of THOR, is a Chartered Financial Analyst charter-holder, a Chartered Alternative Investment Analyst, a Chartered Market Technician, a member of the Association for Investment Management and Research and a member of the Cincinnati Society of Financial Analysts.

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