Three powerful forces that could destabilize financial markets

Three powerful forces are converging, each with the potential to destabilize U.S. and possibly global financial markets and reshape the investment landscape, writes Martin Pelletier. Photo by ERIC BARADAT/AFP via Getty Images

There’s a growing sense that the macroeconomic puzzle is beginning to take shape. While it is already stirring concern in the U.S. bond and housing markets and contributing to weakness in the U.S. dollar, the equity market has so far remained largely unaffected.

Overall, we at TriVest Wealth Counsel are watching three powerful forces converge, each with the potential to destabilize U.S. and possibly global financial markets and reshape the investment landscape.

First, the U.S. fiscal deficit continues to run unchecked. Even outside of recessionary periods, th