
James Gorman, Debt Ceiling and the Equity Rally (Podcast)
Bloomberg Intelligence
00:00
The Fed and the Debt Ceiling Talks
Jay Powell's comments about forward guidance and about the market not pricing what the dot plot says. I think that the markets and risk assets in particular are going to wind up moving quite dramatically probably on some of these debt ceiling headlines. There are more worries in this gentle sense of panic under the market right that things will be very volatile and potentially throw things off course you know how drastic are we going to have to see?
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