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Podcast: WorldWide Markets with Simon Brown
Episode: Market Standard 12 October 2020
Description: Offshore / The Congressional Budget Office estimates that, for the 2020 fiscal year, the U.S. deficit will be $3.13 trillion (15.2% of GDP). This number would cause the total U.S. national debt to come in at 102% of GDP in 2020, the first time since 1946 that the U.S. debt has been larger than its economy. / A new stimulus package on or off the table? / The U.K. economy grew by 2.1% in August, less than half the pace anticipated / JPMorgan says U.S. Capital Gains Tax hike (proposed by Biden) may briefly hit stocks / R...