Tag: Sequestration

Uncharted Waters

March 10, 2020

Yesterday the stock market opened down 5% and quickly triggered a level one “circuit breaker” at 7%, causing a halt of trading for 15 minutes for the first time in a decade. This precipitous drop was caused by continued worries about the spread of COVID-19 and an oil price war between the Saudis and Russia.

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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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