So they passed a compromise to the debt ceiling problem. No one likes it, but at least there will not be a default, maybe.
Stocks dropped like a lead weight, so the deal must not have been that great. Of course there are still quite a few other problems weighing on the stock market, so the deal might not have been the only reason for the slide. We'll just have to stay tuned to find out whether or not the new debt ceiling deal will add a little more certainty to the economic climate.
No comments:
Post a Comment