Debris from the US debt-ceiling resolution
The US debt-ceiling deal staved off a default, but debris scattered through the economy has the potential to undermine market confidence in the long term
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THE sky is not falling, and neither is the US debt ceiling. All the “Chicken Little” bears have been punished in their rush to cover short positions.
But although the sky did not fall, there is still some debris scattered through the economy that has the potential to undermine market confidence in the longer term.
There are two main overarching questions.
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