Macrocast: Bracing for U.S. debt increases

On today’s episode of the Macrocast, Ylan, Brendan, and John examine the implications of extensive borrowing, as the U.S. debt approaches 106% of GDP. The group discusses the projections from the Congressional Budget Office, the impact of rising interest rates, and the scrutiny on the Treasury Department’s past decisions. Ylan, John, and Brendan also discuss the impact of expiring tax cuts.

Ylan, Brendan, and John then shift to a discussion about the challenges confronting the commercial real estate sector amid the ongoing shift towards remote work. They analyze the potential repercussions on pension funds and insurance companies, posing questions about the necessity of government intervention. The group then delves into the evolving labor market landscape, the Federal Reserve’s response to inflation concerns, and the strategic maneuvers undertaken by companies like PepsiCo and McDonald’s to navigate consumer resistance to price increases.