Convulsion in Credit Markets

Pento Portfolio Strategies LLC · Aug 24, 2026

The United States government just posted a $432.3 billion deficit for July, the largest monthly shortfall since March of 2021. That single burst of red ink pushed the year‑to‑date deficit to $1.8 trillion, with two months still remaining in fiscal 2026. At this pace, Washington will soon wax nostalgic for the “good old days” when […]