"The recession will crack both credit and tech while a negative payroll will likely be the “buy catalyst” for cyclicals in ‘23."
Poster Comment:
If they don't pass the debt ceiling bill, this will look bad all over the world. Our budget deficit for March was $378 billion. If they follow up with QE, then people with decision making power overseas will pull the plug on US Treasury bonds, sell them and buy commodities. The dollar will crash.