Thought Leader Don Lloyd: The US Deficit Needs A Diet…Desperately

Times are steady, and that means one of the most influential markers for the economy is interest rates and Don Lloyd (SVP & Manager of Capital Markets – Foreign Exchange, Rates Swaps and Commodity Derivatives at Associated Bank) explained how double digits could be a reality sooner than later on this week’s Associated Bank Thought Leader Conversation. Steve Grzanich noted that though the rates are climbing and the economy continues to push forward, the one trillion dollar elephant in the room is holding the country’s potential back with the growing deficit, and it’s one of the biggest concerns for Don who has never seen this kind of spending before.