Q: My understanding is that if an agreement isn't reached before early June (?) regarding raising the U.S. debt ceiling then there could be significant global economic fallout... leading to unemployment, interest raise hikes, and of course, large market selloffs.
How much weight/attention are you guys putting on this situation? Is this leading to a significant buying opportunity? Is it wise to increase cash position until this plays out?
How much weight/attention are you guys putting on this situation? Is this leading to a significant buying opportunity? Is it wise to increase cash position until this plays out?
5i Research Answer:
Please see this answer from yesterday.