08-26-2013, 02:45 PM
So I see over on Yahoo finance a "breaking news!" alert: "Treasury to Reach Debt Limit by Mid-October." There's no article to click through to, just the headline. Seems to roughly coincide with an afternoon swoon in the prices of the big indexes.
If congress is about to embark on another round of debt-ceiling debacle grandstanding nonsense, perhaps it is time to build up some cash in anticipation of the bargains we might see as the markets react, once again, to the inability of elected officials to govern?
Tom
If congress is about to embark on another round of debt-ceiling debacle grandstanding nonsense, perhaps it is time to build up some cash in anticipation of the bargains we might see as the markets react, once again, to the inability of elected officials to govern?
Tom