📊 Markets
Headline: U.S. Posts $345B August Deficit, Gold and BTC Rise
Market Snapshot:
U.S. deficit widened to $345B in August, with spending hitting $689B.
Net interest marked the 3rd largest outlay on record.
Gold surged to fresh highs near $3,670.
Bitcoin crossed $115K, reflecting rising investor demand for hedges.
Key Takeaway:
Ballooning deficits and rising interest burdens are fueling the move into safe-haven assets like gold and BTC.
