Home Astrology Financial Astrology Debt ceiling Déjà Vu – Is Historical past Repeating?

Debt ceiling Déjà Vu – Is Historical past Repeating?

Debt ceiling Déjà Vu – Is Historical past Repeating?


Debt ceiling uncertainty weighs on traders’ minds. Safeguard your portfolio by anticipating its impression in the marketplace and making knowledgeable selections.

As a valued member of our neighborhood, we wished to succeed in out to you with an essential query:

Will the US market revisit the 2011 debt ceiling disaster?

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In August 2011, an ideal storm of occasions led to vital losses for traders, leading to trillions wiped off the inventory market. The convergence of a debt disaster in Europe, lackluster financial information, and a U.S. credit standing downgrade sparked widespread issues a couple of potential double-dip recession. These variables created a tumultuous market setting, catching many unprepared and inflicting substantial monetary setbacks.

Debt ceiling linked fall in 2011 - S&P 500 Historical Chart
S&P 500 Historic Chart from 2011 when the debt ceiling disaster occurred final

Latest Commerce: Purchased NVDA at 301 on Wednesday, after-market worth: 380 (increased by 26%).

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