Testing the Full Faith & Credit of the US

by Ashraf Laidi

Sep 27, 2013 12:43

The US has set October 17 as the date when the debt ceiling would most likely be breached. Treasury Secretary Lew said: “If we have insufficient cash on hand, it would be impossible for the United States of America to meet all of its obligations for the first time in our history…the results could be catastrophic.” More analysis here

Previous Next Archives

Latest IMTs

The Coronavirus Positioning
by Adam Button | Feb 25, 2020 16:02
Virus Sends Stocks to 4th Worst Day in Past 9 yrs
by Adam Button | Feb 24, 2020 18:25
Gold Eyes 1680 ahead of G20
by Ashraf Laidi | Feb 21, 2020 18:08
3 Charts for GBP Traders
by Ashraf Laidi | Feb 21, 2020 13:18
Is Yen-Centric Risk Back?
by Adam Button | Feb 20, 2020 17:34

Subscribe to Ashraf's Newsletter

Email:

twitter.com/alaidi

Democrats warm up for big debate, unloading on Sanders https://t.co/RTBVL1I2AA (53 min ago)
$SPX biggest back-to-back % daily declines losses since August 2015 (2 hr ago)
Trump’s reckless coronavirus statements put the entire US at risk https://t.co/IOENwHB6r3 (2 hr ago)
Can't make this stuff up. This week's opening #GapUp in the $VIX is the 1st weekly gapup since ...the week of Feb 25, 2011 #forex $SPX (3 hr ago)
An alternate key level is for $SPX to stabilize around its 100 DMA @ 3164 (20 pts higher from here) & $DOW to hold… https://t.co/xfpU0PZKVM (3 hr ago)
It makes perfect sense for #CDC to tell Americans to prepare for #Coronavirus at home, but it does trigger traders'… https://t.co/6JyPaUzoSc (4 hr ago)
Key levels: #DOW30 already @ its 200 MA but $SPX needs to fall by another 80 pts to reach its down 200 DMA, which m… https://t.co/xJePGSTquE (4 hr ago)
Road traffic in Milan continues to drop on rising aversion to virus. 1st "financial center" in developed economy ha… https://t.co/ee3iWUuT2L (5 hr ago)
قلنا أمس إذا المؤشرات تنخفض بنسبة ٢% إضافية سوف يباع للذهب لتعزيز المحافظ الخاسرة لذلك الإتجاه الصافي يبقى سلبي. من… https://t.co/jJ4F1QnD2D (6 hr ago)
On gold's inability to rally https://t.co/wBOjLmYWbR (6 hr ago)

Latest Hot-Chart - Feb 21

GBP Index & Upside Econ Surprises In a phase when unwinding of carry trades and risk-repositioning dominate FX markets, beware from excessive divergence from the data. View Hot-Chart..

Premium Content

21-yr Intermarket Charts - 7 indices 11 currencies 14 commodities Chart

21-yr Intermarket Charts - 7 indices 11 currencies 14 commodities Interactive charting by instrument, chronological and alphabetical order. This enables organizing each individual commodity, currency or equity index' performance by magnitude or chronological order. View..