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Implanting

02/27/17 2:44 PM

#4706 RE: Tommy Two Times #4705

This is my question to you. If what Stockman is saying comes to fruition, how will this potentially devastating debt crisis be avoided? The only thing they can do is vote to raise the debt ceiling again, right?

Stockman didn't really even speak to that as happening though and he also said the Fed would raise rates on the 15th, which I found to be a pretty bold statement for the reason you gave.

Everything Stockman said in his interview made a lot of sense to me, but it would seem the only alternative is to bite the bullet and raise the debt ceiling. The alternative is default and Trump/Republicans don't want that to come on their watch.

Implanting

02/27/17 2:56 PM

#4707 RE: Tommy Two Times #4705

If we see debt ceiling problems on the 15th and the Fed hikes on the same day, we'll see a significant stock market sell off IMO.

I don't think a hike is in the market by any stretch and the debt ceiling issue would weigh heavily on this market sentiment that's got it priced to perfection. You can stick a fork in this Trump rally.

Implanting

02/27/17 4:16 PM

#4711 RE: Tommy Two Times #4705

This sold the PM's off today. More BS or something to it? I have to think they'll hold off from hiking. I could also be wrong.


http://www.zerohedge.com/news/2017-02-27/out-blue-march-rate-hike-odds-soar-cycle-highs