Preceding a morning in which Republican presidential hopeful Ben Carson said that debt servicing is an issue to consider when raising interest rates, observing that since the U.S. debt burden has moved past 90 percent of GDP growth has been a slow 1.5 percent, comes thoughts from Joseph Brusuelas, the recently engaged chief economist from McGladrey. In a speech yesterday, Brusuelas touched on a whisper concern that has been a significant point of discussion among certain quantitatively minded hedge fund executives: government debt and entitlement obligations. Brusuelas: Entitlements must be addressed in four to five years Within 10 years retiring…
McGladrey Economist Brusuelas Says Debt, Entitlements Must Be Addressed
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.