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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: ajtj99 who wrote (43951)	11/19/2021 2:33:54 AM
From: rimshot	1 Recommendation Recommended By ajtj99 Read Replies (1) \| Respond to of 97584

reply to AJ regarding your Dec. 9th memory for the "debt ceiling showdown" in Congress this is a slightly different though related topic to actions required by Congress ... saved earlier in the week, when it was visible in my Twitter feed from Reuters: November 16, 2021 -- 5:50 PM MST Yellen extends U.S. default deadline to Dec. 15 U.S. Treasury Secretary Janet Yellen on Tuesday extended a deadline for a potential U.S. government default to Dec. 15 from Dec. 3, giving Congress more time to raise the federal debt ceiling as lawmakers also consider a massive social spending and climate bill. =========================== next Saved item from the feed was: Goldman Sachs -- We forecast the S&P 500 index will climb by 9% to 5100 at year-end 2022, reflecting a prospective total return of 10% including dividends. =========================== roll 'em roll 'em roll 'em rawhide yes, I keep my rims clean ... that is a seven-year old rim on a V8 Camaro convertible ( did you know brake dust left to sit on the body's clear coat can eventually cause deterioration of the body paint? )

To: ajtj99 who wrote (43951)

11/19/2021 7:05:11 AM

From: sunabeach

1 Recommendation

Recommended By
ajtj99

Respond to of 97584

(Bloomberg)

Biden battle

Biden's landmark economic plan was delayed after an intervention from Republican House leader Kevin McCarthy. Democrats are now pushing for passage of the $1.64 trillion economic agenda today, with the Congressional Budget Office estimating the bill would add $367 billion to the federal budget deficit over the next decade. While that’s a drop in the debt-filled ocean, it provides political ammo to detractors who say the bill fails to pay for itself, contrary to claims made by the White House. It also looks like several House moderate Democrats are ready to vote for the package. Meanwhile, the debt ceiling is focusing minds, with Senate Majority Leader Chuck Schumer and Minority Leader Mitch McConnell meeting Thursday to discuss the mid-December deadline.