U.S. national debt about to reach bleak $40 trillion milestone — and it’s likely hit $50 trillion soon

MarketWatchAugust 14, 2026 at 12:23 PMPaywall

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. For the full story, read the original article at MarketWatch.

Original source: MarketWatch

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The U.S. government plans to crack down on its $40 trillion debt — but brace for a ‘wrenching time’ ahead

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