Another US debt ceiling showdown

Posted: October 22, 2015 in Uncategorized

In early November again there is a US Debt Ceiling showdown threatening to close the US Government.

The stock market is brushing it off as so many passed and go without inflicting any real damage.

The US Treasuries instead are showing more nervousness.

They are nervous as the 28October there is the election of the new House speaker. One of the favourites  for the place is Paul Ryan, a Republican conservative that voted against the raise of the debt ceiling the last few times.

So no panic, but be aware of it.

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