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Barron's Streetwise
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The Debt Ceiling and the Stock Market
There are two reasons why you might be worried about the stock market. Is this banking crisis over? We're still in a situation where small banks are kind of ceding deposit money that they need to larger banks and to money markets. The second thing is the debt ceiling, which could become an issue later in the year. And who knows? Maybe the debt ceiling issue will be solved nicely and smoothly.
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