Investment Perspective – Navigating the Debt Ceiling with Discipline & Diversification
Right now, what is happening in Washington has an outsized impact on what's happening on Wall Street. The focus has been on the Fed’s battle against inflation along with the ongoing turmoil in the banking sector. However, the spotlight shifted when Janet Yellen announced that a potential U.S. default may be closer than expected. Investors want to know if Congress will raise the debt ceiling and avoid a market-rattling default.
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