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Tag: Debt Ceiling


Debt Ceiling Crisis Averted (for now)

September 18, 2017

The media has latched onto the debt ceiling as one of its top news stories in the late summer, pushing it to the forefront of their coverage. I was asked about the debt ceiling in my last CNBC interview on August 24th. In my interview, I stated that there was a very low chance that the government wouldn’t raise the debt ceiling, citing that the government had raised it 74 times since 1962.

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The Debt Ceiling

February 2, 2013

The debt ceiling negotiations have become very political. The Republicans want the country to be fiscally responsible, at any cost. The Democrats don't want to cut spending for fear of sending the country into another recession. In my humble opinion, the solution is found somewhere in between. Either way you look at it, we have to address our Debt to GDP.

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Sequestration (a.k.a. - Automatic Spending Cuts)

February 1, 2013

The automatic government spending cuts, set to take place on March 1st, are extremely intertwined with the debt ceiling. Some of the background bullet points of this article were also mentioned in our prior article on the debt ceiling.

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2013 Market Outlook

January 3, 2013

Trying to predict the future with any kind of consistency is impossible. There are a lot of people that try to predict the stock market's price movement to make a name for themselves. As I like to say, "A broken clock is correct twice a day."

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