Debt Ceiling Worries Are Overblown: Opinion
The debt ceiling is so arbitrary and so lacking in real, economic impact that you just don't need to spend the time conjuring schemes like trillion-dollar coins, Fed vaults and check writing. Given time, politicians are highly likely to do what they've nearly always done: Politick to the last moment, then raise the debt ceiling.
This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.
This article constitutes the views, opinions, analyses and commentary of Fisher Investments as of December 2012 and should not be regarded as personal investment advice. No assurances are made Fisher Investments will continue to hold these views, which may change at any time without notice. In addition, no assurances are made regarding the accuracy of any forecast made herein. Past performance is no guarantee of future results. A risk of loss is involved with investments in stock markets.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV