AMERICA’S $39 TRILLION DEBT HITS EVERYDAY FINANCES
A Conference Board report warns that rising U.S. debt could increasingly squeeze families and businesses through higher borrowing costs.
The debt now exceeds $39 trillion, or roughly $116,000 per American.
Higher deficits could raise costs for student loans, mortgages and small-business financing, while also threatening retirement programs.
Under current projections, Social Security’s main retirement trust fund could become insolvent by 2032, adding urgency for fiscal reforms.
OPTIONS TRADERS RAMP UP BULLISH BETS
Traders are piling into bullish options as market optimism strengthens.
Cboe’s skew measure fell Friday to its lowest level since December 2024.
A lower skew indicates call options are becoming more expensive relative to puts, signaling increased demand for bets on further market gains.