Republican Debt Ceiling Negotiator Graves Says 'We continue to have major issues that we have not bridged the gap on'
Portfolio Pulse from Bill Haddad
Republican Debt Ceiling Negotiator Graves reports that major issues remain unresolved in the ongoing debt ceiling negotiations.
May 26, 2023 | 5:42 pm
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NEGATIVE IMPACT
Unresolved debt ceiling negotiations may lead to increased market uncertainty, potentially impacting the SPY ETF.
The unresolved debt ceiling negotiations create uncertainty in the market, which may lead to increased volatility. As SPY is a broad market ETF, it is likely to be impacted by this uncertainty, potentially leading to a short-term decline in its value.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 75