Macro Musings with Jim Leitner
The Market Huddle
00:00
The Market's Expectations About the Debt Ceiling
The market hasn't seen direct selling out of nervousness associated with this debt ceiling thing. If the deal involves a whole bunch of fiscal cuts, then I think that'll be a much different situation than a deal where they just agree to extend the debt ceiling and push it all off. The rallies on the first reaction and then fades the other way is my intention.
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