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5/08 - Debt ceiling

5/08 - Debt ceiling

The Jon Sanchez Show · Sanchez Gaunt Capital Mgmt

May 9, 202333m 30s

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Show Notes

The debt ceiling is looming. Treasury Secretary Janet Yellen has said she can only pay the nation’s bills from early to mid June. While at the same time Congress is a mile apart on negotiations. What is the debt ceiling? Why is needed? And what would happen if it is exceeded? We’ll let you know, tonight on the Jon Sanchez Show at 5pm.

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Compliance Disclosure: This program is for informational purposes only and should not be considered investment, tax, or legal advice. The views expressed are those of the participants and may not reflect the views of Sanchez Gaunt Capital Management. Investing involves risk, including the possible loss of principal. Past performance is not indicative of future results. Always consult with a qualified financial professional regarding your individual situation before making financial decisions.