House Republican Leadership To Tell Lawmakers They Can Go Home For Memorial Day Weekend, Be Prepared To Return In Case Of Debt Limit Deal
Portfolio Pulse from Charles Gross
House Republican leadership plans to inform lawmakers that they can go home for Memorial Day weekend but should be prepared to return in case of a debt limit deal, according to Punchbowl News.
May 24, 2023 | 8:48 pm
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NEUTRAL IMPACT
A potential debt limit deal could impact the broader market, including the SPDR S&P 500 ETF (SPY).
A debt limit deal could have implications for the broader market, as it may affect government spending and borrowing. This could lead to market volatility and impact the SPDR S&P 500 ETF (SPY), which tracks the performance of the S&P 500 Index. However, the exact impact is uncertain, as it depends on the specifics of the deal and market reactions.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 50