FlowBank

306 days ago • Posted by Paul de La Baume

US debt ceiling risks: a look at recent history #trading $SPY $QQQ
The debt ceiling is back in focus as a deal needs to be reached in order to avoid a technical default. As Bloomberg puts it “Congress can wait until the last minute to take action, dragging out investor anxiety and increasing market volatility, history shows”. 
In a late March Bloomberg survey, the majority of investors responded lawmakers would likely agree to raise the debt ceiling and avoid a payment default. 
Could it have a market impact in the meantime? Of course, in fact, only 8% of investors believe it won’t impact the S&P 500.
#Stocks
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