US debt ceiling situation. Thoughts?
Getting kinda worried that there won’t be a deal reached in time. What do you all think/what happens to the industry if no deal is reached?
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Deal will likely go to the eleventh hour as people don't want to seem like they're caving, but neither side is going to let a default happen given the tremendous impact it would have on markets
I hope you’re right. I have zero faith in our politicians, however, I honestly think they might put pettiness above all else to not work with the other party.
Politicians aren’t going to let their 401k tank 30% overnight
Pretty much it
They are already levered up on inverse funds.
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