Skip to main content
New York
Chicago
London
Paris
Kyiv
Sydney
Tokyo
Shanghai
Dubai
Sao Paulo
Madrid

Is US default delayed? Will the debt bar be raised?

Many on Wall Street are predicting that lawmakers will eventually come to an agreement that will likely prevent a devastating debt default. But that doesn't mean the economy will walk away unscathed, not only because of the heavy standoff, but also as a result of the Treasury Department's efforts to return to business as usual as soon as it can increase its borrowing. Ari Bergmann, whose firm specializes in hard-to-manage risks, says investors should hedge against the impact of the Washington resolution. The market veteran means that the Treasury will have to struggle to replenish its...

Continue reading

Share