debt ceiling

Strategist Believes a U.S. Recession Could Bring Positive Implications for Markets

According to Michael Yoshikami, founder and CEO of Destination Wealth Management, the possibility of a U.S. recession in the near future might actually prevent a significant market downturn in the second half of 2023. This insight offers a glimmer of hope amidst the concerns surrounding the economic landscape. In April, the U.S. witnessed a decrease …

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The US Debt Ceiling and the Uncharted Path of Defaulting

In the vast expanse of the American landscape, a gathering storm of economic and financial implications casts a shadow of concern. Against this backdrop, Treasury Secretary Janet Yellen emerges as a harbinger of caution, sounding the alarm to raise awareness of the impending tempest. Simultaneously, a high-stakes encounter unfolds, pitting President Joe Biden against his …

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