GOP Debt Negotiators: The White House is Unreasonable.

Debt talks stalled

As Powell speaks, negative headlines emerge about the debt ceiling talks.

Punchbowls Sherman says:

  • Debt limit talks between the White House and House Republicans have been suspended
  • Not a single problem, but several issues proved to be problematic

Political position or real problems?

No follow-up discussion is planned.

The comments seem to have more impact than Fed Powell’s comments.

  • The Dow Industrial Average is now down -108 points.
  • The S&P is down -9 points and the
  • The NASDAQ index is down -34 points
  • Gold is lower.
  • The dollar is lower


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