White House Says We Believe Debt Ceiling Bill Is Going To Happen
Portfolio Pulse from Benzinga Newsdesk
The White House has expressed confidence that a debt ceiling bill will be passed, potentially averting a government default.
May 31, 2023 | 6:31 pm
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POSITIVE IMPACT
The passing of a debt ceiling bill could provide stability to the market, potentially benefiting the SPY ETF.
The passing of a debt ceiling bill would avert a government default, which could have negative consequences on the market. This news could provide stability and confidence to investors, potentially benefiting the SPY ETF as it tracks the overall market performance.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50