News Formal

Market Outlook: The new debt ceiling problem

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

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

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.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 13. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

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

Kitco daily macro-economic/business digest - June 6
Källa: KitcoNewsNOW - 🏆 13. / 78 Läs mer »