A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link.
But even so, he said, investors should be prepared for a “worse outcome.” Kelly suggests that traders prepare a “debt-ceiling disaster emergency kit” which could include real assets and high-quality international stocks and bonds, denominated in foreign currencies. Even if disaster is averted, it’s not a bad idea to keep the so-called kit on hand, said Kelly. “Given still relatively cheap overseas valuations and the current under-exposure of U.S.
therealdonaldtrump would be cutting rates and pushing the FED hard, I.e. should’ve cut by 225 BP, not raised 225 BP. Hello Japan…
Since 1960, Congress has acted 78 separate times to permanently raise, temporarily extend, or revise the definition of the debt limit – 49 times under Republican presidents and 29 times under Democratic presidents.
My pray is that you should start talking about Jesus’s second coming because he is very soon. Discover wats on river Euphrates right now and relate it to bible and tell world the truth
Default is the only way.
Good. Maybe it’s time to stop spending and borrowing. Start cuttting
Nederland Laatste Nieuws, Nederland Headlines
Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.
Wall Street investment banking slammed, as execs hope for more confidence aheadWall Street banks showed deep falls in their investment banking businesses in the fourth quarter, prompting thousands of job cuts, but executives are looking for signs that corporate CEOs are regaining confidence in doing deals again.
Lees verder »
Wall Street's 'fear gauge' flashes warning that stocks might be headed off a cliffWall Street's fear gauge falls to its lowest level in months, and Wall Street strategists worry it could be a warning that the latest stock-market rally is...
Lees verder »