3 reasons why EUR liquidity is a MUST watch over summer
Macro Mondays
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The Debate on Appropriations
There's a mechanism in the debt ceiling deal that by January 1st, if there's no deal made, then there will be automatic spending cuts. So if a concrete deal is not struck by September 30th, you will have some sort of government shutdown for the last three months of year. It shouldn't have those global ramifications that we were fearing in the spring, but still very significant for the US and got to be the political story of the fall.
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