Tag: debt ceiling
They have ample liquid assets—and show little sense of fear.
Economist and Wharton School professor Jeremy Siegel likes stocks as the safest investment this year.
The so-called ‘X-date’ could come in June instead of August, say studies by Goldman Sachs and Wrightson ICAP, based on lower-than-estimated federal tax receipts.
Beware of a recession, chaotic global markets, and a weakened US going forward, if the federal spending cap isn’t raised, economist Zandi admonishes.