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May 05 2023

Debt Ceiling—Risk Of An Accident Higher Than Normal

  • May 5, 2023

An earlier-than-expected X-date means higher market volatility and increased chance of a temporary short-term deal. Typically, the debt ceiling drama is short-lived and there’s not much impact on most assets before or after a resolution. Overall, the possibility of an accident is now above average.

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About The Author

Chun Wang / Sr. Research Analyst & Co-Portfolio Manager