This webinar was held on Thursday, Apr. 1st.
U.S. fiscal policy response to the pandemic has been enormous, and likely necessary, but it also has accelerated the build-up of Federal government debt. According to the CBO, federal debt, which reached 100% of GDP in the last fiscal year, is expected to rise to a record 107% of economic output by 2031. However, it’s not just a question of how much debt is outstanding, but rather what it costs to service that debt. Even as the amount of debt issued by the U.S. Treasury has hit record levels, interest costs on the national debt, relative to the size of the economy, are expected to fall over the next few years to levels lower than at any time since the early 1970s. Join Paul Single from City National Rochdale© to learn more.
City National Rochdale is an investment management firm specializing in intelligently personalized portfolio management for high-net-worth individuals, families, and foundations. Working in close partnership with each client’s trusted advisor, our knowledgeable investment professionals develop an insightful “personal benchmark” that is unique to each client. This personal benchmark becomes the blueprint for the portfolio’s strategy and performance. City National Rochdale’s approach allows clients and their advisors to focus on what really matters for long-term investment success while navigating the ever-changing economic environment.
About The LifeTime Learning Series
The LifeTime Learning Series offers short webinars on the 1st and 3rd Thursday of each month. Each session features a different topic, one that’s relevant to you and your financial future. (And don’t worry – educational content only. No product pitches allowed!) The sessions will all be free and open to the public, as part of LTAM’s commitment to offering financial literacy resources to the community. Learn more about the series and other upcoming topics by visiting The LifeTime Learning Series.