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September 01, 2020 1:20pm
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Debt-Ceiling Deal, Consumer Spending and the Fed

The debt-ceiling negotiations are front of mind for most people (that..and probably AI stocks), but don’t expect too much of a reaction to the debt-ceiling agreement.Equities already rallied hard last week, meaning much of the good news is baked into prices, and expectations of another Federal Reserve interest rate hike should further dampen upside.. Read more... Tags: Market Minute The post Debt-Ceiling Deal, Consumer Spending and the Fed appeared first on Money Morning - We Make Investing Profitable .
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