Debt limit made breakthrough, so did of US stocks?
@MaverickWealthBuilder:
Since May, the market's biggest concern has shifted from CPI to the discussion of the US debt limit. The media is creating an atmosphere of fear if the US government defaults. If a black swan event occurs, it will be unavoidable for stocks, bonds and currencies to experience a "triple kill". However, it is common for both parties in Congress to reach consensus at the last minute because no one wants to become such a "heinous criminal".As we have discussed before, with Republicans controlling the House of Representatives and Democrats controlling the Senate and White House, their main disagreement lies in raising the debt ceiling under certain conditions. Republicans believe that raising the debt ceiling must be accompanied by strict fiscal reduction commitments while Democrats hope to rais