Debt Ceiling & the Looming "X" Date

Although politics are difficult to handicap, if history is a guide, lawmakers are likely to strike a deal or a short-term extension before the U.S. defaults, as defaulting provides far more political risk than benefits. We remain in regular contact with several political strategists as we look to stay abreast of ongoing developments outside of the saber-rattling that hits the headlines -summarized in the commentary in the button link below.

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What Else We're Reading

real interest rates by company (visual capitalist)

have recession odds changed? (jp morgan)

tax savy distributions (Fidelity)

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