Behind The Markets Podcast: Lorenzo Esparza
Behind the Markets Podcast
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Is the Debt Ceiling Resolved?
If the stock market goes down in June, which is the anticipated date of this chicken game, either treasury bonds go down and or equities go down. No one wants to be blamed for a thousand dollar stock market, a drop in one day if they delay any payments on the debt. So that's my take on the drama there. It has three months to play out. There'll be ups and downs since then."
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