Archive for May 9th, 2023

New Overnight Developments Abroad - Daily Update

Specter of a Looming U.S. Public Debt Default Looming Higher

May 9, 2023

Investors are finding it harder and harder to dismiss the U.S. debt ceiling standoff as a future danger but not a present influence on market behavior. President Biden and House Speaker McCarthy will hold talks at 20:00 GMT today at the White House in search of a compromise, but high political stakes will almost surely […] More

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