Mohacsy's Safe Portfolio Member Forum

[santafe2]

It appears that the Donald still has tight control over the Republican party. They walked out of negotiations over the debt ceiling a few minutes after he posted the following on Truth Social:

“REPUBLICANS SHOULD NOT MAKE A DEAL ON THE DEBT CEILING UNLESS THEY GET EVERYTHING THEY WANT (Including the 'kitchen sink'). THAT’S THE WAY THE DEMOCRATS HAVE ALWAYS DEALT WITH US. DO NOT FOLD!!!”

Of course, like everything else, this is a lie. He complimented Democrats when they signed off on raising the debt ceiling each time he required it during his presidency. The stock market was not especially pleased but investors still appear hopeful as the SPX was down only marginally.