Market Outlook: The new debt ceiling problem

  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 78%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Market Outlook: The new debt ceiling problem

Be the first to know when a new trade signal is out! Click here to sign up for e-mail notifications.

Congress has passed a debt ceiling deal and has suspended the U.S. debt ceiling through January 1, 2025. CPM Group's Jeffrey Christian analyzes the implications of 1 January 2025 as the end-date of the agreement, and discusses some of the reasons it may set the U.S. government up for another round of stalemated government reducing the reputation of the government again at a highly inopportune time, with a lame duck Congress and probably a lame duck President needing to compromise after a nasty election during an extended holiday recess.

Jeff also discusses long-term gold and silver prices, the strong investment demand for each precious metal, and the improbability for gold to reach $30,000 and silver to reach $3,000 in the near future.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 13. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Kitco daily macro-economic/business digest - June 5(Kitco News) - Saudi Arabia to Cut Oil Supply; Markets Rise but Long-Term Impact Murky
La source: KitcoNewsNOW - 🏆 13. / 78 Lire la suite »

Kitco daily macro-economic/business digest - June 6
La source: KitcoNewsNOW - 🏆 13. / 78 Lire la suite »