Sep 29, 2021
NOTE: Watch the video version of this report by subscribing to our YouTube channel: https://www.youtube.com/watch?v=dczzA8WJOsw&list=PLVT8LcWPeAujOhIFDH3jRhuLDpscQaq16&index=1&t=85s
(9/29/21) The Debt Ceiling debate is fueling speculation--and
doubt, as rates spike and stocks plunge. The Dept Ceiling has been
raised 78-times since the 1980's, and only once have we missed an
interest payment on US' debt...technically. This, too, shall pass.
Everytime we've had an interest rate spike because of the Debt
Ceiling, rates fell to new lows. Markets are now sitting on the
100-DMA, and we're looking for a bit of a bounce today. Watch the
433-level on SPY today. This is one of those times where you have
to work your way through this period if you weren't prepared. Make
no emotional decisions, don't over-react, and look for
opportunities.
- Hosted by RIA Advisors Chief Investment Strategist, Lance
Roberts
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