Stay informed with the latest news from the Philippines and around the world. Get updates on local and breaking news, explore odd and unique stories, read opinions and analyses, and view captivating news photos and videos.
Wednesday, May 31, 2023
The Debt Ceiling Drama
What comes next and what to do…
The Debt Ceiling Drama
After President Joe Biden and Speaker of the House Kevin McCarthy talked last weekend, it appeared financial disaster had been averted and the debt ceiling drama was coming to an end:
A debt-ceiling deal would represent the true "all clear" signal investors have been seeking: It would remove at least just one piece of uncertainty and let investors focus on such "what comes next" moments like the mid-June Federal Reserve meeting on interest rates.
President Biden and McCarthy are confident the deal will pass when put to a vote – most likely today. But an undercurrent of worry lingers as opposition from both parties remains:
This is all coming down to the wire, as Treasury Secretary Janet Yellen says June 5 is the latest the government will be able to pay its bills without selling new bonds.
But no matter what happens next, I want you to be prepared, which is why I'm sharing special research from TradeSmith's John Jagerson – one of the industry's top experts on options and income acceleration.
This incredible new app may have just solved investors' number one problem. You see, most people are terrible at buying and selling stocks at the right time. But the TradeSmith app takes the emotion out of investing. The quant software alerts you to the mathematically correct time to buy and sell for maximum profits. We're on a mission to get the TradeSmith app in as many hands as possible... So for the first time ever, we are giving anyone who watches this free demonstration a chance to test this product for 30 days. Click here to view this opportunity.
In less than five minutes, John will walk you through the nuances of the deal, talk about likely outcomes, and give you options to consider. In this focused report, John will explain:
What happens if a deal doesn't pass (Hint: John says it's really bad for businesses for one key reason).
The immediate impact on stock prices if the deal does pass (John has data from the last debt ceiling crisis in 2011 that you won't want to miss).
And what will play out over the next one to three months (Bulls and bears will want to see this).
You can access all of that insight by clicking the Play button in the image below:
This insight first appeared in Constant Cash Flow, a service that provides potential income-generating trade opportunities every single day of the year. You can learn more about Constant Cash Flowhere.
TradeSmith is not registered as an investment adviser and operates under the publishers' exemption of the Investment Advisers Act of 1940. The investments and strategies discussed in TradeSmith's content do not constitute personalized investment advice. Any trading or investment decisions you take are in reliance on your own analysis and judgment and not in reliance on TradeSmith. There are risks inherent in investing and past investment performance is not indicative of future results.
No comments:
Post a Comment