The US federal debt has hit a record $39 trillion, pushing the debt-to-GDP ratio above 100% as of March 2026. This comes as the IT sector has shed over 300,000 jobs since 2022, a decline reminiscent of the financial crisis.
Prediction markets are now pricing a 100% probability that Q1 2026 GDP growth will be less than 1.0%. These figures suggest mounting economic strain, compounded by the ongoing Iran conflict and rising federal deficits. The Federal Reserve continues to monitor the situation closely, with key figures like Jerome Powell expected to provide further guidance.