Business
Derek Moore is back to discuss political risk to markets and interest rates. What exactly is the budget reconciliation process? What is the debt ceiling and is there really a risk of default? What about the filibuster? Debt Ceiling Budget Reconciliation Process Continuing Resolution Inflation Supply Chain Issues Container Shipping Issues Infrastructure Bill $3.2 Trillion Budget Bill Political Risk to Markets Inflation Risk Interest Rates reaction to debt ceiling US Bond Downgrades US Debt Default Treasury Secretary Yellen Default Risk Senate Filibuster Mentioned in this Episode: Contact Derek derek.moore@zegafinancial.com Derek Moore’s Book Broken Pie Chart https://www.amazon.com/Broken-Pie-Chart-Investment-Portfolio/dp/1787435547?ref_=nav_signin& Budget Reconciliation rules https://budget.house.gov/publications/fact-sheet/budget-reconciliation-basics History of US Debt Ceiling https://en.wikipedia.org/wiki/History_of_United_States_debt_ceiling