What a week
What a week. The government is still “closed”. The debt ceiling is approaching. Will The Tea Party allow the moderate Republican to get it done with the Democrats in the House or will Default become inevitable? No one believes we will default but imagine what happens if we do? How expensive will our debt become if interest rates go up? Will this drive us from being the World’s Reserve Currency? Are we going to be the next Greece in the eyes of the world? I think Monday and Tuesday Wall Street sent a message to Congress. Thursday let them know how much bullishness an agreement will bring. Whatever happens, this will be an interesting week. Hopefully we make some money.
I have just uploaded my weekend review. This will be a very interesting week. Now…. If I only knew which way it will end up. Let’s see what the markets are telling us.