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James Gorman, Debt Ceiling and the Equity Rally (Podcast)

Bloomberg Intelligence

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The Debt Ceiling and the Federal Reserve

Monica defend head and chief strategist at Mundi Institute Abigail Doolittle covers all the markets for Bloomberg News. The odds are very strong that we're not going to have a default, she says. Back in 2011 the really big debt ceiling set to the market tanked much further after the deal had been done successfully than it had done when the brinkmanship was still going on.

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