Market Forecast: How U.S. Debt Ceiling Will Impact the Stock Market
Analyzing the Potential Effects of U.S. Debt Ceiling on Stock Market Performance: Insights and Projections
Experts are pointing to the U.S. debt ceiling deadline as a potential cause of the current economic slowdown. The debt ceiling is the maximum amount of money that the U.S. government can borrow to pay its bills.
If the U.S. government reaches the debt ceiling and is unable to raise it, it could default on its debt and lead to a recession.
As a result, investors are now piling into tech stocks, especially the biggest names, leaving the market with “bad breath”.
To understand the potential impact of the U.S. debt ceiling on the economy, click the link below.