Where will you be in 2054, when America’s deficit reaches 70 Trillion+?
As of October 2024, the U.S. national debt is $35.7 trillion, which is about $106,000 per person. The debt is growing faster than the country's GDP, and is projected to double in the next 30 years.
Summary of the day
It seemed liquidity faucet was turned on for all risk assets for Election day
(3:30pm)
Speaking of luxury
Since 2015, Ferrari has outperformed Hermes.
Ferrari stock slides as China deliveries hit roadblock
(Yahoo Finance)
Ferrari Stock Falls After Earnings as Luxury Slump Finally Catches Up
(Barrons.com)
Ferrari (RACE) Q3 Earnings and Revenues Beat Estimates
(Zacks)
Ferrari's Record-Breaking Q3: Massive Revenue Surge and Hot New Models
(GuruFocus.com)
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