Lyn Alden: US Treasury To Trigger A Liquidity Crunch Once Debt Ceiling Is Raised
Investors hoping for a kinder year after 2022’s bruisings have been disappointed so far with 2023.
If anything, things are even more unstable so far this year.
Are things likely to equilibrate and give the bulls room to run?
Or will the challenges of stubborn inflation, high interest rates, accelerating debt, slowing economic growth & continued geopolitical stresses demand a reckoning.
To discuss, we’re fortunate to be joined to day by respected macro & market analyst Lyn Alden
She warns that, once the debt ceiling is lifted, Janet Yellen will need to re-fill the Treasury General Account, creating a liquidity crunch that will hasten a recession and brings stocks lower.
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