Debt Ceiling Crisis Averted

President Joe Biden signed legislation averting a US debt default.

Latest News

2023-06-04
Biden Signs Debt-Limit Deal Into Law, Averting a US Default
Biden Signs Debt-Limit Deal Into Law, Averting a US Default
2023-06-04
Risk of US Downgrade Still on the Cards Despite Debt Deal
Risk of US Downgrade Still on the Cards Despite Debt Deal
2023-06-03
Debt Ceiling Crisis Averted For Now, But Just Wait Two Years
Debt Ceiling Crisis Averted For Now, But Just Wait Two Years
2023-06-02
Debt-Limit Deal Clears Congress, Ending Threat of US Default
Debt-Limit Deal Clears Congress, Ending Threat of US Default
2023-06-02
US Senate Set to Pass Debt Limit Suspension Bill Thursday Night
US Senate Set to Pass Debt Limit Suspension Bill Thursday Night
2023-06-01
Debt-Limit Deal Wins House Passage, Easing US Default Concerns
Debt-Limit Deal Wins House Passage, Easing US Default Concerns
2023-05-31
US House Committee Advances Debt-Ceiling Bill, Sending It Over to Full House for Vote
US House Committee Advances Debt-Ceiling Bill, Sending It Over to Full House for Vote
2023-05-30
U.S. Debt Ceiling Deal to Face Its First Test in Congress
U.S. Debt Ceiling Deal to Face Its First Test in Congress
2023-05-30
Biden, McCarthy Work Lawmakers to Pass Deal as US Default Looms
Biden, McCarthy Work Lawmakers to Pass Deal as US Default Looms
2023-05-29
Key Takeaways From Biden-McCarthy Deal to Avert US Default
Key Takeaways From Biden-McCarthy Deal to Avert US Default
2023-05-29
Biden Says Debt Ceiling Agreement Reached to Avert US Default
Biden Says Debt Ceiling Agreement Reached to Avert US Default
2023-05-29
Biden, McCarthy Reach Final Deal to Prevent Default, Now Must Sell to Congress
Biden, McCarthy Reach Final Deal to Prevent Default, Now Must Sell to Congress
2023-05-28
Biden, McCarthy Have Tentative US Debt Ceiling Deal
Biden, McCarthy Have Tentative US Debt Ceiling Deal
2023-05-28
Biden, McCarthy Held Lengthy Call on Debt Ceiling
Biden, McCarthy Held Lengthy Call on Debt Ceiling
2023-05-27
Biden, Top Republican Say Deal on Debt Ceiling Very Close
Biden, Top Republican Say Deal on Debt Ceiling Very Close
2023-05-27
US Will Default By June 5 Without Debt-Ceiling Deal, Treasury Says
US Will Default By June 5 Without Debt-Ceiling Deal, Treasury Says
2023-05-26
Market Optimism Over Debt Deal May Pave Way for Monday Selloff
Market Optimism Over Debt Deal May Pave Way for Monday Selloff
2023-05-25
McCarthy Says Some Progress Made in US Debt Ceiling Talks With White House
McCarthy Says Some Progress Made in US Debt Ceiling Talks With White House
2023-05-24
Negotiations Between US House Republicans and White House to Raise Debt Ceiling to Resume Wednesday
Negotiations Between US House Republicans and White House to Raise Debt Ceiling to Resume Wednesday
2023-05-24
Roubini Says US Debt Talks May Reach "Last Hour": Qatar Forum
Roubini Says US Debt Talks May Reach "Last Hour": Qatar Forum
2023-05-24
Stocks Will Be Damaged Even If Lawmakers Reach a Debt Ceiling Deal, Market Veteran Says
Stocks Will Be Damaged Even If Lawmakers Reach a Debt Ceiling Deal, Market Veteran Says
2023-05-24
How Markets and ETFs Are Bracing for Debt Ceiling Crisis
How Markets and ETFs Are Bracing for Debt Ceiling Crisis
2023-05-23
Soap Opera of US Debt Ceiling Negotiations: a Roller Coaster Trend From No Progress to Productive
Soap Opera of US Debt Ceiling Negotiations: a Roller Coaster Trend From No Progress to Productive
2023-05-23
Biden, McCarthy Have Productive Talk on Debt But No Deal Yet
Biden, McCarthy Have Productive Talk on Debt But No Deal Yet
2023-05-22
US Debt Ceiling: Biden, McCarthy to Meet With Deadline 10 Days Away
US Debt Ceiling: Biden, McCarthy to Meet With Deadline 10 Days Away
2023-05-19
US House Hardliners Could Try to Block Debt-Ceiling Deal Without Robust Cuts
US House Hardliners Could Try to Block Debt-Ceiling Deal Without Robust Cuts
2023-05-18
US House Could Vote on Debt-Ceiling Deal As Soon As Next Week, McCarthy Says
US House Could Vote on Debt-Ceiling Deal As Soon As Next Week, McCarthy Says
2023-05-17
Biden Says He’s Confident There Will Be Budget Agreement and U.S. Won’t Default
Biden Says He’s Confident There Will Be Budget Agreement and U.S. Won’t Default
2023-05-17
Debt-Ceiling Tail Hedges Are "Cheap Lottery Tickets," Bank of America Says
Debt-Ceiling Tail Hedges Are "Cheap Lottery Tickets," Bank of America Says
2023-05-17
U.S. House Speaker McCarthy Says He Thinks U.S. Will Not Default
U.S. House Speaker McCarthy Says He Thinks U.S. Will Not Default
2023-05-17
Reaction to Biden-McCarthy Debt Ceiling Meeting
Reaction to Biden-McCarthy Debt Ceiling Meeting
2023-05-16
Yellen Warns "Time Is Running Out" Ahead of Biden-McCarthy Meet
Yellen Warns "Time Is Running Out" Ahead of Biden-McCarthy Meet
2023-05-16
Here Are the Top-Performing Stock Market Sectors in a Debt Ceiling Showdown
Here Are the Top-Performing Stock Market Sectors in a Debt Ceiling Showdown
2023-05-16
Yellen Warns US Paying Price as Negotiators Battle on Debt Limit
Yellen Warns US Paying Price as Negotiators Battle on Debt Limit
2023-05-15
McCarthy Says Still "Far Apart" on Debt-Ceiling Deal With Biden
McCarthy Says Still "Far Apart" on Debt-Ceiling Deal With Biden
2023-05-15
US Debt-Limit Default Risk Is Higher Than Ever. How Can You Safeguard Your Wealth?
US Debt-Limit Default Risk Is Higher Than Ever. How Can You Safeguard Your Wealth?
2023-05-15
Biden Expects to Meet Lawmakers Tuesday for Debt Talks, Says He Is Optimistic
Biden Expects to Meet Lawmakers Tuesday for Debt Talks, Says He Is Optimistic
2023-05-12
Yellen Says Only Good Outcome Is Congress Raising Debt Ceiling
Yellen Says Only Good Outcome Is Congress Raising Debt Ceiling
2023-05-12
Here's Where Investors May Turn to "Hide" As U.S. Debt-Ceiling Deadline Looms Based on 2011 Market Reaction
Here's Where Investors May Turn to "Hide" As U.S. Debt-Ceiling Deadline Looms Based on 2011 Market Reaction
2023-05-12
Biden, McCarthy Debt Ceiling Meeting Postponed, Spending Cuts on Table
Biden, McCarthy Debt Ceiling Meeting Postponed, Spending Cuts on Table
2023-05-11
JPMorgan CEO Dimon Says Bank Is Convening a "War Room" on Debt Ceiling
JPMorgan CEO Dimon Says Bank Is Convening a "War Room" on Debt Ceiling
2023-05-11
Here's How the U.S. Economy and the Stock Market Could React to the 4 Possible Outcomes of the Debt Ceiling Standoff
Here's How the U.S. Economy and the Stock Market Could React to the 4 Possible Outcomes of the Debt Ceiling Standoff
2023-05-11
U.S. Debt Ceiling Crisis Looms: What Will Happen Next?
U.S. Debt Ceiling Crisis Looms: What Will Happen Next?
2023-05-11
Biden Dials Up Pressure: “World Is in Trouble“ If We Default
Biden Dials Up Pressure: “World Is in Trouble“ If We Default
2023-05-10
Biden, McCarthy Vow More Debt-Limit Talks as US Default Looms
Biden, McCarthy Vow More Debt-Limit Talks as US Default Looms
2023-05-09
Wall Street On Debt-Ceiling Alert as Key Seven-Day Window Begins
Wall Street On Debt-Ceiling Alert as Key Seven-Day Window Begins
2023-05-09
Wall Street On Debt-Cap Alert as Biden, McCarthy Brace for Showdown
Wall Street On Debt-Cap Alert as Biden, McCarthy Brace for Showdown
2023-05-09
Yellen Is Calling CEOs Personally to Warn on US Debt Ceiling, Sources Say
Yellen Is Calling CEOs Personally to Warn on US Debt Ceiling, Sources Say
2023-05-08
A Battle Over the Debt Ceiling May Hit a Critical Juncture This Week. How It Could Unfold
A Battle Over the Debt Ceiling May Hit a Critical Juncture This Week. How It Could Unfold
2023-05-08
Yellen Says No Good Alternative to Congress Lifting Debt Cap
Yellen Says No Good Alternative to Congress Lifting Debt Cap
2023-05-06
Wall Street Is Getting More Worried About the Debt Ceiling. These Charts Show How Much
Wall Street Is Getting More Worried About the Debt Ceiling. These Charts Show How Much
2023-05-04
Debt-Limit Breach Could Kill Millions of Jobs, White House Economists Warn
Debt-Limit Breach Could Kill Millions of Jobs, White House Economists Warn
2023-05-02
US May Default June 1 Without Debt Ceiling Hike; Biden Calls McCarthy to Meet
US May Default June 1 Without Debt Ceiling Hike; Biden Calls McCarthy to Meet
2023-04-27
McCarthy Debt Plan Passes House, Escalating Standoff With Biden
McCarthy Debt Plan Passes House, Escalating Standoff With Biden
2023-04-27
What’s the Debt Ceiling, and Will the US Raise It?
What’s the Debt Ceiling, and Will the US Raise It?

User Discussion

avatarKYHBKO
01-28

News and my thoughts from the last week (29 Jan 2024) - CRE, PCE & Debt

News and my thoughts from the last week (29 Jan 2024) - CRE, PCE & Debt The number of big-box warehouse lease signings fell to 43 in 2023 from a record 63 in 2022, as economic uncertainty and changing inventory management practices weighed on demand for mega-facilities, according to CBRE data. - Freightwaves Image *U.S. DECEMBER CORE PCE PRICE INDEX RISES 2.9% Y/Y; EST. 3.0%; PREV. 3.2% *LOWEST SINCE MARCH 2021 - Investing I drive a 2015 car. My insurance used to be $59.59 a month.I was just told they are upping my insurance to $149.35 a month. - Twitter user Decade Investor Owning an EV increases the average household’s electricity consumption by approximately 70%, according to energy supplier Ovo Energy. If everyone with an EV charged at peak time, the strain on the grid would be
News and my thoughts from the last week (29 Jan 2024) - CRE, PCE & Debt
avatarAshleyKinson
2023-06-03
Oh well
Sorry, the original content has been removed

Will debt ceiling breakthrough be beneficial for SOFI?

The debt ceiling and interest rate hikes are the two major concerns in the market at the beginning of June. The debt ceiling bill has already been passed by both houses of Congress, while the implied probability of no interest rate hike in June has risen to 75%. Many Federal Reserve officials, including the President of the Federal Reserve Bank of Philadelphia, have called for skipping the rate hike.Due to traders' increased expectations that the Federal Open Market Committee will not raise rates at its meeting on June 13-14, numerous fintech companies have seen significant gains. For example, $Upstart Holdings, Inc.(UPST)$ rose 9.2% on Thursday, $Blend Labs, Inc.(BLND)$ ose 3.1%, and
Will debt ceiling breakthrough be beneficial for SOFI?
avatarmiker9110
2023-05-28
Ok
Sorry, the original content has been removed
avatarZEROHERO
2023-05-22

‌ Debt Ceiling Headline Continues To Dominate The Price Action

Thanks to Tiger for awarding the weekly top predictions on QQQ again. Join me to bank in the week ahead! 🤑 President Joe Biden has reportedly urged his negotiators to keep following a debt-limit deal after House Speaker Kevin McCarthy indicated both parties may reach an agreement as soon as this weekend. In a call early Friday from Japan, where Biden is attending the Group of Seven summit, the President told his negotiating team in Washington that he's confident Congress will act in time, reported Bloomberg citing a White House official. Price drop supported until more talks In a call that roughly lasted for 20 minutes, negotiators informed Biden they were making steady progress, the report said. However, news of an impasse from the last meeting caused the U.S. markets to end in red al
‌ Debt Ceiling Headline Continues To Dominate The Price Action
avatarZEROHERO
2023-05-19

Will Resolving The Debt Crisis Send The Stock Market Much Higher? 🚀

$Invesco QQQ Trust(QQQ)$  51% gain within 90 mins from taking 3 calls after each breakout from open. QQQ retraced after mid day and broke above 338 after hours. We may see another round of squeeze as bears need to close their puts while bulls join in the bandwagon causing more power surge ahead 🤫  ⚠️ Looking at calls above 339 and puts under 336.4 on option expiry Friday (OPEX). Could be setting up for 344.5 should debt ceiling crisis is resolved next week. Why I took QQQ on Thursday instead What’s New? McCarthy told reporters Thursday at the Capitol that "we're not there" regarding a debt ceiling resolution. "But I see the path," he added. MCCARTHY tweeted just now: “I just believe where we were a week ago
Will Resolving The Debt Crisis Send The Stock Market Much Higher? 🚀
avatarTongdadd
2023-05-19
Everyone with some form of power and authority in US will at some point try to influence the movements of the markets for personal gains[Facepalm] 
Sorry, the original content has been removed
avatarZEROHERO
2023-05-18

A Final Countdown For SPY Towards 420?

$SPDR S&P 500 ETF Trust(SPY)$  19% gain from taking puts and calls. The stalemate caused by the debt ceiling could be resolved within days as declared by President Joe Biden before he left for G7 meeting. The market spiked after the positive news. ⚠️ Looking at calls above 415.9 and puts under 414 on Thursday. Take note of strongest resistance above at 420.76, 426.56 and support below at 414, 408. Following the decade old script The SPDR S&P 500 (NYSE:SPY) was surging over 1% higher on Wednesday after President Biden said lawmakers will reach an agreement before the U.S. defaults on its debt, which could occur as soon as June 1.  The news caused the SPY to break up from a downward channel pattern as it re
A Final Countdown For SPY Towards 420?
avatarZEROHERO
2023-05-14

Will The Debt Ceiling Drama Sink The Stock Market Next Week?

Thanks to Tiger for awarding the weekly top predictions for SPY again. Will be posting more winning trades in the week ahead soon. Stocks started the session higher, but quickly reversed course after disappointing consumer sentiment data hit a six-month low of 57.7. Economists polled by Dow Jones had forecasted a reading of 63 for May. Import prices also climbed 0.4% last month, data from the Bureau of Labor Statistics said Friday. Economists polled by Dow Jones predicted import prices were 0.3% higher in April. Debt crisis will affect the market next week The debt ceiling talks were postponed less than a day before Biden was set to sit down with House Speaker Kevin McCarthy, R-Calif., Senate Minority Leader Mitch McConnell, R-Ky., Senate Majority Leader Chuck Schumer, D-N.Y., and House M
Will The Debt Ceiling Drama Sink The Stock Market Next Week?