Political Risk – Debt Ceiling – Reconciliation - Budget
Episode description
Derek Moore is back to discuss political risk to markets and interest rates. What exactly is the budget reconciliation process? What is the debt ceiling and is there really a risk of default? What about the filibuster?
Debt Ceiling
Budget Reconciliation Process
Continuing Resolution
Inflation
Supply Chain Issues
Container Shipping Issues
Infrastructure Bill
$3.2 Trillion Budget Bill
Political Risk to Markets
Inflation Risk
Interest Rates reaction to debt ceiling
US Bond Downgrades
US Debt Default
Treasury Secretary Yellen Default Risk
Senate Filibuster
Mentioned in this Episode:
Contact Derek derek.moore@zegafinancial.com
Derek Moore’s Book Broken Pie Chart https://www.amazon.com/Broken-Pie-Chart-Investment-Portfolio/dp/1787435547?ref_=nav_signin&
Budget Reconciliation rules https://budget.house.gov/publications/fact-sheet/budget-reconciliation-basics
History of US Debt Ceiling https://en.wikipedia.org/wiki/History_of_United_States_debt_ceiling