? Not following what you mean. Anyway, last night's read turned out pretty solid. You're still bullish huh? Hmph, well, you might be right. You probably are, all things being equal. But I'm kinda worried about some kind of black swan. Between Iran, Russia, and China.... pot's seems to be boiling a little more. Hell some general at the Pentagon wrote a letter saying war with China by 2025 was inevitable. The Pentagon downplayed it... but still. Ya gotta think the guy's not a kook. Beats me. Trade what ya see.
Biden’s new debt ceiling problem: Wall Street’s not freaking out https://www.politico.com/news/2023/01/30/biden-debt-ceiling-problem-wall-street-00079957 The Biden administration warns of catastrophe if Congress fails to raise the government’s borrowing limit in the coming months. But some Wall Street executives and analysts are starting to break from that script. A number of prominent financial experts at Bank of America, Barclays and other major firms are confident that the U.S. will avert a global market meltdown by continuing to pay its bondholders if the Treasury Department crosses the threshold where it can’t cover all its other bills. They think the U.S. can do so by withholding funds for things like benefits owed to individual Americans or payments to firms doing business with the government.