🔻 The US national debt is approaching 35 trillion dollars.

✅ JPMorgan predicts that there will be no significant improvement in the US financial outlook in the medium term and advises investors to go beyond the traditional 60/40 portfolio and consider non-dollar assets and real assets such as infrastructure, gold and commodities to protect against dollar depreciation and inflation.

✅ The bank warns that rising debt and deficits will limit America's fiscal flexibility and limit the government's ability to respond to future economic downturns.