In this special investing webcast, Keith McCullough explains skyrocketing government debt and what this means for the economy moving forward. Keith will discuss the underlying economic data as well as the asset allocations best-suited to take advantage in your portfolio.
Here's how we described this theme in our Macro team's "Q4 2023 Quarterly Macro Themes" presentation from September 28th:
Federal spending saved Headline GDP in 1H with government sponsored reindustrialization initiatives supporting some of the highest nonresi investment contributions to GDP in 40 years. We’ll outline the probable trajectory of the fiscal impulse and the attendant growth/inflation/rates implications, discuss whether we’ve transitioned to a new secular regime of fiscal dominance and detail the multi-duration risks and allocation considerations associated with the vertical ascent in deficits/debt/interest expense nested within the secular evolution of Fourth Turning dynamics.
This webcast will provide an abbreviated sneak peak inside Macro team's flagship "Quarterly Macro Themes" presentation (note: the entire 181-page slide deck and 65-minute webcast is available to Macro Pro subscribers).
If you want edge on how the big trends that will drive portfolio performance over the next 3-6 months, we strongly encourage you to watch "The Outlook."