Recent Posts

Energy Pushes CPI Higher

June 12, 2026 Inflation returned to the center of the market narrative this week as the May Consumer Price Index

Strong Hiring Supports Growth

June 5, 2026 Employment data from this week reinforced that the US labor market remains on solid footing, pushing US

Strong Jobs, Cooling Inflation

May 29, 2026 Constructive comments from the White House on a continuation of the cease fire with Iran supported moderately lower Treasury

Iran Conflict, Oil, Jobs, Rates

The conflict with Iran and elevated oil prices continue to dominate market sentiment. The U.S. proposed a memorandum of understanding

The US National Debt: History and Impact of Budget Deficits

As of September 30, 2024, the U.S. population is 337.2 million, and the national debt has reached $35.3 trillion, or about $104,676 per person. The U.S. government borrows money to cover budget deficits by issuing Treasury securities, which impacts both the federal budget and the bond market, with interest payments on the debt expected to exceed $1 trillion in 2024. The growing debt, fueled by crises, spending programs, and rising interest rates, poses challenges for fiscal sustainability, with the national debt projected to exceed $56 trillion by 2034. Local agencies may face consequences from rising federal debt, including reduced funding and higher borrowing costs, underscoring the need for prudent fiscal management at all levels of government.

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Holiday Closure Notice:

Chandler will be closed on Friday, June 19 in observance of Juneteenth.