What Happens if US Debt Defaults? Just Short-Term Pain, Sages Say
Drawing lessons from history, any federal failure to pay should be a hiccup, albeit an expensive one.
The American semiconductor industry ceded the lead to Asian rivals long ago, and now it is scrambling to catch up.
Despite small interest payments and not much price appreciation potential, many investors say it does deliver in this one area.
The fully funded pension program has a strict policy of staying that way, but the inflation adjustment currently can go no lower than 0.5%.