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The $34 Trillion U.S. Debt Is Nearly As Big As The Economy And There’s (Still) No Plan To Fix It
The nation’s debt, currently over $34 trillion, is rampantly growing as U.S. lawmakers have been unable to agree to budget reforms that could tame it.
Jay Powell Won't Give In To The Market's Biggest Fear
The Fed kept interest rates unchanged, holding the fed funds rate at a 23-year high between 5.25%-5.50% amid a "lack of progress at it's 2% target.
Blackstone Taps Vast Source of Cash in $1 Trillion Credit Push
Blackstone is among the world’s biggest credit managers. It’s bullish enough to aim to more than double its credit assets to $1 trillion in a decade.
Advisors are Migrating from Wirehouses and IBDs To RIAs
Migration of advisors from large national brokerage firms to the independent Registered Investment Advisor channel continues to shape the industry.