Republican Debt Celling Negotiator, Graves Says Until White House Understands Spending Crisis, We're Not Going To Be Able To Move Forward
Portfolio Pulse from Benzinga Newsdesk
Republican Debt Ceiling Negotiator Graves states that until the White House understands the spending crisis, progress cannot be made.
May 23, 2023 | 4:20 pm
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Debt ceiling negotiations may impact the overall market, potentially affecting the SPY ETF.
The debt ceiling negotiations can have a significant impact on the overall market sentiment. If the White House and Republicans cannot reach an agreement, it may lead to increased uncertainty and volatility, which could negatively affect the SPY ETF in the short term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 50