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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Imo we are 90 days or less out. Stocks have too much competition from Treasurys. Job numbers and inflation will keep the Fed chasing their tail. Let me guess everyone is going to ride it out?  S&P has returned 0% in past 24 months.  A 10% drop we are back to 2020 levels.[/quote]

If it's going to crash, then it's going to be because the Republicans allow the U.S. to default on the debt limit.[/quote]

Why would they want US to default? I’d me more worried about escalating tensions with Russia and China. [/quote]

Because they've committed to debt ceiling brinksmanship from the extremist end of their party (just look at what happened with the Speaker vote), even though it's debt that has already been incurred as a result of previous spending decisions made over many, many years. If the economy tanks (which is highly likely), then they'll try to blame the current administration for it. Read up on the two Santas theory. [/quote]

I don’t quite understand the politics of it but your view seems pretty biased. Republicans are considering a way that ensures US debt obligations and things like social security and Medicare are paid. Not sure what doesn’t get paid in their plan but it is hard to argue that US debt is unsustainable and something needs to be done about it. [/quote]

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