ZENITH ZORO

2026 Is Closer Than You Think…
I’m not trying to be dramatic.
But almost no one is talking about what’s coming in 2026.
About $9.6 trillion of U.S. debt matures that year. That’s more than a quarter of total outstanding debt that needs to be refinanced — not paid off, just rolled over.
The problem?
It was issued when rates were near zero.
Now rates are much higher.
When that debt gets refinanced, interest costs jump hard. Annual interest payments are already approaching record levels — and rising fast.
That means:
Bigger deficits
More political pressure
Less room for error
At some point, the pressure builds.
And historically, when the math gets uncomfortable, the system adjusts.
Often through rate cuts.
The Federal Reserve won’t act because it wants to — it will act because it has to.
But here’s the part people forget:
Before policy pivots, markets usually wobble.
Liquidity tightens.
Volatility spikes.
Sentiment breaks.
Then comes the shift.
I’m not saying panic.
I’m saying pay attention.
Cycles don’t repeat exactly — but pressure always shows up somewhere.
And 2026 is a pressure point.