The Monthly Bugle Newsletter - August 2026, Issue #21
- 3 hours ago
- 3 min read
$40 Trillion In Debt
The United States national debt passed $40 trillion on Wednesday, August 19, and at this point the federal government doesn’t show any sign of slowing down on the spending. This staggering milestone comes only five months after surpassing the $39 trillion mark; according to NPR, the current rate of spending outstrips revenue by almost $2 trillion a year. Heavy borrowing and high interest payments have steadily added to the count; the government is paying over a trillion a year to cover the interest on our debt alone (BBC, NPR). The current rate of spending is unsustainable, and the United States’ position is tenuous.
This news comes not long after the recent intervention by the United States to support the Japanese yen. In early August, the US Treasury and Bank of Japan worked together to sell dollars and buy yen in an attempt to curb volatility (NPR, AP). In a recent YouTube video, Reveille’s Chad Smith and Stephen Weitzel go into detail about why the US may have decided to step in, and why now. Watch now on our channel.
In Case You Missed It
Monthly Review
The latest Reveille Review is out on our YouTube channel! Every month, Managing Partner Stephen Weitzel covers important investing news and market trends. Watch now on our channel, and subscribe for a new episode every month!
Recent Podcast Episode
In our latest podcast episode, some of Reveille’s founding members look back on the last five years to discuss what they’ve learned from going independent. Catch up now on our channel - a new episode is coming soon!
Good Chart Bad Chart
Is this a good chart or a bad chart? We want to know what you think! Tune in to The Million Dollar Question every week for a new segment of Good Chart Bad Chart, or check out clips on any of our social media channels below.
From Our Social Media
Follow us @reveillewealth to keep up to date on all things Reveille!
Around The Office
Evans Office Ribbon Cutting
Thank you to everyone who came out to the ribbon cutting ceremony for our new office in Evans, Georgia! We had a great time welcoming friends, family, colleagues, and clients to our new space. We’d like to extend a special thank you to the Columbia County Chamber of Commerce for joining us for the ribbon cutting. If you’re in the Augusta area, be sure to stop by our new office and say hello!
Joe Perdue, Tennis Extraordinaire
Please join us in congratulating Managing Partner Joe Perdue on his sixth national tennis title! Last week, Joe and his doubles partner Art Hernandez won first place in Men’s Doubles at the USTA L1 National 60’s Grass Court Championships at the Philadelphia Cricket Club in Pennsylvania. What an incredible accomplishment - congrats to Joe and Art!
Artist Meet & Greet In Ocala
Reveille’s Ocala office recently hosted another Meet & Greet for this quarter’s featured artist, Rose Derkay, as part of their ongoing partnership with the Marion Cultural Alliance. Thank you to everyone who came out to the event, and thank you to Vino Ghvino 21 for providing a wine tasting experience for the attendees. Be sure to follow @reveillewealthfl to learn about future art events!
Ex-CEP-tional Mornings In Ocala
Ocala’s Stephanie Martin had the opportunity to speak in front of the Ocala Metro Chamber and Economic Partnership about how important it is to have a financial plan for all scenarios in life. Reveille Wealth Management is proud to be a continuing sponsor of the Ocala CEP, and we’re thankful to be part of such a great community that supports and encourages business in the Ocala area!
Coming Soon...
The rumors are true: Buglefest is back for another year! Join us on October 1 at Line Creek Brewing Co. in Peachtree City for a night of Oktoberfest-themed festivities, live music, food trucks, and of course - beer. This year, we’ve got a surprise that you won’t want to miss... Keep an eye on your inbox for an email with more information, or email us to learn more. We can’t wait to see you there!
Any opinions are those of Reveille Wealth Management and not necessarily those of Raymond James. Investing involves risk and you may incur a profit or loss regardless of strategy selected.
This is not a recommendation to purchase or sell the stocks of the companies mentioned.
The information contained within this commercial email has been obtained from sources considered reliable, but we do not guarantee the foregoing material is accurate or complete.
Raymond James is not affiliated with any other organization mentioned.
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