The President will be asking Congress to raise the debt ceiling again.
Normally, the strongest time of year for the market is the 4th quarter. It may be different this year. Note this email response from the senior Senator from Utah. “Thank you for contacting me to express your thoughts and concerns about recent debate on our nation’s debt and budget negotiations. I appreciate your timely input on this very important topic. As you may have heard through the news media, a compromise proposal was negotiated over the weekend of July 30th. The compromise proposal passed the House on August 1, 2011 by a vote of 269-161, the Senate on August … Read more