Bloomberg Wall Street Week - May 12th, 2023
Wall Street Week
The Uncertainty of the Debt Ceiling Situation
We are in uncharted, complicated waters, starting with obviously the debt ceiling. And whether you think we're in a slowdown or something more severe in the coming months, I happen to be in a slowdown camp. There's a lot of resiliency that we don't account for. But that uncertainty clearly is an issue when you think about doing a transaction.
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