Can You Fix the US Federal Deficit and Debt?

Published 22 Oct 2026, 13:09 UTC. Updated 22 Oct 2026, 13:59 UTC.

Introducing the THB US Deficit and Debt Explorer

Directly affected

No company is named in this report.

Indirectly affected

SPY SPDR S&P 500+1.6%
The broad U.S. stock market
TLT iShares 20+ Year Treasury Bond-1.8%
Long-term U.S. government bonds
QQQ Invesco QQQ+2.3%
Large technology stocks
GLD SPDR Gold Shares-3.3%
Gold can move with the broad market

Price reaction, T-5 to T+3

Ticker	T-5	T-3	T-1	T0	T+1	T+2	T+3
SPY	—	—	—	—	—	—	—
TLT	—	—	—	—	—	—	—
QQQ	—	—	—	—	—	—	—
GLD	—	—	—	—	—	—	—

Market Call

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Can You Fix the US Federal Deficit and Debt? Roger Pielke Jr. | Substack

Source: Roger Pielke Jr. | Substack

How solid “Can You Fix the US Federal Deficit and Debt?” looks

12 out of 100

“Can You Fix the US Federal Deficit and Debt?” scores 12 out of 100. The score uses 1 sources.