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Debt Ceiling July 31

Summary:
Summer recess from end July thru after Labor Day... recent analysis projects “extraordinary measures“ can allow Treasury to function somewhat normally until October so no real problem until then...They keep doing the same thing so you can’t expect a different result...Remember the Debt Ceiling Crisis? It Might Happen All Over Again. https://t.co/dMgUbOL9DB— Dr. Joel P. Rutkowski- President (@RutkowskiDr) May 8, 2021

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Summer recess from end July thru after Labor Day... recent analysis projects “extraordinary measures“ can allow Treasury to function somewhat normally until October so no real problem until then...


They keep doing the same thing so you can’t expect a different result...




Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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