U.S. national debt about to reach bleak $40 trillion milestone — and it’s likely hit $50 trillion soon
MarketWatch· Jules Rimmer· Aug 14, 2026 · 12:23 PM
Bank of America’s chief equity strategist Michael Hartnett, expects that debt milestone will be reached by 2029. That’s creating some preferences for stocks over bonds.
This is a summary. Read the complete story at MarketWatch below.
Read full article at MarketWatchRelated Stories
marketsabout 5 hours ago
You might be shocked by how many stocks are in a bear market right now
The S&P 500 was trading within 2 percentage points of its record closing high on Tuesday, but dig a little bit deeper, and things are looking far less rosy.
MarketWatch
marketsabout 6 hours ago
Job openings are low and hiring is weak. Why the U.S. labor market won’t get better soon.
War, high gas prices, rising interest rates and AI are keeping a lid on U.S. job creation.
MarketWatch
marketsabout 6 hours ago
Medicare Advantage plans will be cheaper next year. Here’s the new cost.
Medicare beneficiaries can change their coverage during open enrollment, which begins Oct. 15.
MarketWatch