US deficit is warned to be a "ticking time bomb", Citadel executives say it needs to be managed carefully

PANews June 6 news, according to Bloomberg, Jim Esposito, president of Citadel Securities, warned at the Piper Sandler conference that the continued expansion of the US fiscal deficit and government debt level is a "time bomb" and must be handled with caution. He stressed that how the Trump administration handles this issue is crucial. Although Esposito said that he does not predict a situation similar to the UK's 2022 bond market crisis, he pointed out that the current debt scale is close to the sustainable ceiling. In addition, he also said that as the regulatory framework gradually becomes clear, crypto assets have become an asset class that institutional investors value.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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