We're about a week into December, so it's once again time for US politicians to create havoc in the markets

Jay Soloff

Argonath Financial

We're about a week into December, so it's once again time for US politicians to create havoc in the markets. Keep in mind, as part of the last deal reopening the government in October, a bipartisan group is required to begin budget discussions by December 15th. Talks have already begun however as both sides hope to avoid another embarrassing shutdown. Some topics on the table so far: delaying certain parts of the automatic spending cuts known as sequestration, keeping emergency unemployment benefits from expiring, ending Saturday mail delivery, and raising airline passenger fees. Nothing being discussed at the moment appears to include raising the debt ceiling, which will be hit again in early February. Let's hope this time around Washington can get its act together early enough to keep the financial markets from being spooked. (VIEW LINK)


2 topics

Jay Soloff
Jay Soloff
Research Analyst
Argonath Financial

I'm an investments analyst for a US-based independent investment research firm. My focus is on economics, options, and all types of stocks, but especially tech, Internet, and renewable energy companies. I have experience as a options market...

Expertise

No areas of expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Comments

Sign In or Join Free to comment
Elf Footer