Skip to main

Posts & Investments - #debtceiling

👀 Bad news for the economy is now bad news on Wall Street - more turmoil could be on the horizon for the stock market… The United States hit its borrowing cap on Thursday, forcing the Treasury Department to start taking “extraordinary measures” to keep the government open. If an agreement isn’t reached, markets could plunge (like they did the last time this happened in 2011) and the United StatesSee more
You're going to be hearing these two words a LOT over the next 5-7 months: Debt Ceiling. I'm sure a million people with agendas will be more than happy to tell you why they think defaulting is a fantastic idea. I spent a lot of time last year trying to explain why the debt ceiling needed to be raised and what the consequences would be if we didn't raise it and basically all I got in the comments wSee more
Oct 18, 2022 - Jan 18, 2023
The United States has a weird thing called "the debt ceiling" 💰 which is just a limit on how much debt the country can take on. If the national debt reaches that limit, the US might not be able to pay its investors. The current US debt is around $31. That’s a trillion with a T and the Treasury Department warns the country will hit the “debt ceiling” on Thursday. The US regularly comes close to hSee more
Invested in First Trust Dividend Strength
#debtceiling #roe #compounding #dividendbuildup #yieldtargeting
⭐⭐ Breaking News ⭐⭐ The Senate has just passed a procedural bill to allow debt ceiling to be raised with 51 Senate votes one time only; this bill now heads to President Biden; after he signs it, both houses will vote again to actually raise the debt ceiling by a specific dollar amount. This compromise between Democrat Chuck Schumer and Republican Mitch McConnell behind closed doors has effectivelSee more
So here we are once again, I try and delicately approach a topic that is very much on the mind of the market but because it deals with politics will inevitably elicit extreme responses. Can we not this time? Is that a thing? The purpose of this post is to inform those who may be unaware of several time sensitive issues with the clock running down that will very much affect the market. I still beliSee more
With #debtceiling , #cpi data, and other catalyst.. might be a sell off on small caps, momentum stocks, high valuation companies. Looking to see how the market ends and enter $TZA for a short term play. Still looking at $DIS See more
This is a post I really really hoped I wasn't going to have to make. After narrowly averting a debt default in October I had hoped the month and a half they funded the government would be used quickly to address this issue long term. For those who are unfamiliar with this whole idea of a debt ceiling and why it's important here's a quick primer By law, Congress has to set a borrowing limit for thSee more
This is a post I really really hoped I wasn't going to have to make. After narrowly averting a debt default in October I had hoped the month and a half they funded the government would be used quickly to address this issue long term. For those who are unfamiliar with this whole idea of a debt ceiling and why it's important here's a quick primer By law, Congress has to set a borrowing limit for thSee more
It seems pretty clear what's been weighing down the market. Yesterday, after news that McConnell had floated a short term debt ceiling raise, the market staged it's biggest comeback since February 2020 coming from 1.4% down to finish up 0.46%. But what does this deal accomplish exactly, when might it be passed, and what does it mean for the future. So what does this accomplish? Put simply it'sSee more
⭐ Breaking News ⭐ Mitch McConnell has apparently floated the idea of a short term debt ceiling increase. There's a vote scheduled today on a separate bill that would suspend the ceiling until December 2022 that McConnell had said he planned on filibustering. That appears to still be the plan. The proposal would only cover things through next month. Apparently McConnell is beginning to see that thSee more
So with $FB /IG and the markets being down — don’t just instantly buy stock just because they are dipping. They could dip more. Just because they dip, doesn’t mean they will cause you to DRIP. Meaning — Having a strategy even when there’s a s*it show going on is key. If you buy stock just because it’s dipping could be panic buying. See: see panic selling. Because if the dip, dips even more — can ySee more

I've read basically everything that's been written about this debt ceiling crisis. For those not familiar with the history of this issue it's been raised 78 times since 1960. There has been one other "incident" where things got this close to not happening. In 2011 the Republican led Senate tried using the debt ceiling to force the Obama administration into reducing planned spending. It got down to the last possible moment and a deal was reached. That didn't mean no harm was done. 2011 was the first time ever the credit rating of the United States had been lowered. Due to what the rating agency (S&P Global ratings) referred to as "dangerous political brinkmanship" the rating was lowered from AAA to AA+ in spite of the last second deal. It hasn't been raised back since. The same credit rating agency along with a second agency (Finch) is again talking about lowering the credit rating of the country due to this brinkmanship. "It would be unprecedented in modern times for an advanced G-7 country, like the U.S., to default on its sovereign debt," S&P said in a bulletin. Finch released a similar warning saying, “Fitch believes that the debt limit will be raised or suspended in time to avert a default event, but if this were not done in a timely manner, political brinkmanship and reduced financing flexibility could increase the risk of a U.S. sovereign default,” In an interview last Monday Senate Minority Leader Mitch McConnell, who has voted nearly three dozen times to previously raise or suspend the debt limit said, "There is no chance, no chance the Republican conference will go out of our way to help Democrats conserve their time and energy, so they can resume ramming through partisan socialism’s as fast as possible,” Without any Republicans supporting the bill to raise the ceiling, which McConnell has promised to block again today as he has 3 previous times in the last 2 weeks the only remaining shot is for Democrats to use a Senate rule known as budget reconciliation. This is a lengthy process and today Bloomberg is reporting that in order for this process to be completed in time it would have to begin TODAY. This is THE ONLY other possible route to pass this in time. I expect that if this timeline gains traction and we don't see the process started today that the market will start to panic. On August 8 2011, when a similar standoff over the debt ceiling drug right up to the deadline resulting in the credit downgrade, the S&P 500 lost 79.92 points (6.7%) to 1,119.46 points with all 500 stocks and ten industry groups falling, with the Dow Jones Industrial Average dropping 634.76 points (5.6%) to 10,809.56 points and the NASDAQ Composite falling 174.72 points (6.9%) to 2,357.69 points, contributing to approximately $2.5 trillion erased from global equity value. I've been sounding the alarm on this one for quite awhile. If you've been hitting snooze on this it's time to wake up. My question is simple. Do you believe that, once again, Congress will pull through with a last second debt ceiling bill in time to stave off disaster? #tcardizzle #debtceiling #congress ///// For instant updates on this and many other issues join us on Discord @ ///// Sources ////// ////// Doomsday Clock for U.S. Debt Ticks, With No Congressional Plan

53 votes Ended 10/05/21
At the start of September I gave an outlook of the month that was pretty grim. Parts of it turned out basically like I thought and parts of it were surprising. What about October? I'm clearly not psychic but I see several important catalysts coming up this month that will go a long way in shaping the rest of the year. For anyone interested here's my October analysis of things to watch for. 1) TheSee more
Just a quick update as it's a very important day in Washington. Today marks the end of the fiscal year and there are two absolutely essential bills that must be passed before midnight. The first is the $550 billion bipartisan infrastructure bill passed earlier this year by the Senate. This seemed earlier to be a sure thing but now it seems incredibly unlikely to pass. Progressives in the House aSee more
Happy Monday everyone! This is put up or shut up week for Congress and as I've been posting pretty regularly about the debt ceiling crisis I thought I would take the time to lay out what's happening, what the options are, and what the timeline is. I've seen a lot of talk about the House passing the infrastructure bill this week but that seems to ignore the much more pressing issue of the loomingSee more
Listen, yeah yeah I get it, another post about the debt ceiling. I thought this new development might drive home just how serious this issue is. Yesterday six former Treasury secretaries urged Congress in a letter to take quick action to raise or suspend the U.S. debt ceiling or else risk "serious economic and national security harm." The letter was signed by former Treasury Secretaries Henry PaulSee more
I've made several posts as to the seriousness of the situation involving a potential government shutdown and the need to raise the debt ceiling before the country literally runs out of money. Late tonight The House of Representatives passed a bill that would both prevent a government shutdown and suspend the debt limit in a step toward preventing possible economic calamity. The package approved TuSee more
I'm reposting this because I'm seeing a lot of bad advice being thrown out. I don't think it's intentionally bad I just think a lot of people are unaware of some of the dynamics at play. Until this weekend I had no idea we were as close as we are to a full blown economic collapse. Eviction Moratorium expired ✅ Enhanced Unemployment ended ✅ Debt Ceiling Restarted 8/1 ✅ Congress Failed to act✅See more
Own your future.
Build your portfolio.
Contact Us
Check the background of this firm on FINRA’s BrokerCheck.

© Copyright 2023 Public Holdings, Inc. All Rights Reserved.

Market data powered by Xignite.

Stocks and ETFs.
Brokerage services for US-listed, registered securities are offered to self-directed customers by Open to the Public Investing, Inc. (“Open to the Public Investing”), a registered broker-dealer and member of FINRA & SIPC. Additional information about your broker can be found by clicking here. Open to Public Investing is a wholly-owned subsidiary of Public Holdings, Inc. (“Public Holdings”). This is not an offer, solicitation of an offer, or advice to buy or sell securities or open a brokerage account in any jurisdiction where Open to the Public Investing is not registered. Securities products offered by Open to the Public Investing are not FDIC insured. Apex Clearing Corporation, our clearing firm, has additional insurance coverage in excess of the regular SIPC limits. Additional information can be found here.

Alternative Assets.
Brokerage services for alternative assets available on Public are offered by Dalmore Group, LLC (“Dalmore”), member of FINRA & SIPC. “Alternative assets,” as the term is used at Public, are equity securities that have been issued pursuant to Regulation A of the Securities Act of 1933 (as amended) (“Regulation A”). This content is not investment advice. These investments are speculative, involve substantial risks (including illiquidity and loss of principal), and are not FDIC or SIPC insured. Alternative Assets purchased on the Public platform are not held in an Open to the Public Investing brokerage account and are self-custodied by the purchaser. The issuers of these securities may be an affiliate of Public, and Public (or an affiliate) may earn fees when you purchase or sell Alternative Assets. For more information on risks and conflicts of interest, see these disclosures.
An affiliate of Public may be “testing the waters” and considering making an offering of securities under Tier 2 of Regulation A. No money or other consideration is being solicited and, if sent in response, will not be accepted. No offer to buy securities can be accepted, and no part of the purchase price can be received, until an offering statement filed with the SEC has been qualified by the SEC. Any such offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time before notice of acceptance given after the date of qualification by the SEC or as stated in the offering materials relating to an investment opportunity, as applicable. An indication of interest to purchase securities involves no obligation or commitment of any kind.

Cryptocurrency execution and custody services are provided by Apex Crypto LLC (NMLS ID 1828849) through a software licensing agreement between Apex Crypto LLC and Public Crypto LLC. Apex Crypto is not a registered broker-dealer or a member of SIPC or FINRA. Cryptocurrencies are not securities and are not FDIC or SIPC insured. Apex Crypto is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Please ensure that you fully understand the risks involved before trading: Legal Disclosures, Apex Crypto.

U.S. Treasuries (“T-Bill“) investing services on the Public Platform are offered by Jiko Securities, Inc. (“JSI”), a registered broker-dealer and member of FINRA & SIPC. See JSI’s FINRA BrokerCheck and Form CRS for further information. When you enable T-Bill investing on the Public platform, you open a separate brokerage account with JSI (the “Treasury Account“).

JSI uses funds from your Treasury Account to purchase T-bills in increments of $100 “par value” (the T-bill’s value at maturity). T-bills are purchased at a discount to the par value and the T-bill’s yield represents the difference in price between the “par value” and the “discount price.” Aggregate funds in your Treasury Account in excess of the T-bill purchases will remain in your Treasury Account as cash. The value of T-bills fluctuate and investors may receive more or less than their original investments if sold prior to maturity. T-bills are subject to price change and availability - yield is subject to change. Past performance is not indicative of future performance. Investments in T-bills involve a variety of risks, including credit risk, interest rate risk, and liquidity risk. As a general rule, the price of a T-bills moves inversely to changes in interest rates. See Jiko U.S. Treasuries Risk Disclosures for further details.

Investments in T-bills: Not FDIC Insured; No Bank Guarantee; May Lose Value.Banking services and bank accounts are offered by Jiko Bank, a division of Mid-Central National Bank, Member FDIC. Such banking services and accounts are subject to transaction dollar amount and/or frequency limitations set forth in the Jiko Bank Account Limitations Disclosures.

JSI and Jiko Bank are not affiliated with Public Holdings, Inc. (“Public”) or any of its subsidiaries. None of these entities provide legal, tax, or accounting advice. You should consult your legal, tax, or financial advisors before making any financial decisions. This material is not intended as a recommendation, offer, or solicitation to purchase or sell securities, open a brokerage account, or engage in any investment strategy.

Commission-free trading of stocks and ETFs refers to $0 commissions for Open to the Public Investing self-directed individual cash brokerage accounts that trade the U.S.-listed, registered securities electronically during the Regular Trading Hours. Keep in mind that other fees such as regulatory fees, Premium subscription fees, commissions on trades during extended trading hours, wire transfer fees, and paper statement fees may apply to your brokerage account. Please see Open to the Public Investing’s Fee Schedule to learn more.

Fractional shares are illiquid outside of Public and not transferable. For a complete explanation of conditions, restrictions and limitations associated with fractional shares, see our Fractional Share Disclosure to learn more.

All investments involve the risk of loss and the past performance of a security or a financial product does not guarantee future results or returns.