All posts tagged "debt default"

  • Debt Deal Unleashes the Bulls; Futures up 182

    The Dow futures are up 182 as of this writing as the impending crisis of a possible, but improbable, debt default appears to have been averted.   A debt ceiling increase agreement has been reached, although it...

    • Posted August 1, 2011
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  • How Much Could the Stock Market Drop?

    Credit Suisse’s Andrew Garthwaite predicts that in the very unlikely event the U. S. defaults on its debt, the stock market could drop 30%, while GDP would contract by more than 5 percent. Garthwaite said there is a...

    • Posted July 28, 2011
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