Rates Spike & Stocks Plunge | Three Minutes on Markets & Money 9/29/21

NOTE: Watch the video version of this report by subscribing to our YouTube channel: https://www.youtube.com/watch?v=dczzA8WJOsw&list=PLVT8LcWPeAujOhIFDH3jRhuLDpscQaq16&index=1&t=85s (9/29/21) The Debt Ceiling debate is fueling speculation--and doubt, as rates spike and stocks plunge. The Dept Ceiling has been raised 78-times since the 1980's, and only once have we missed an interest payment on US' debt...technically. This, too, shall pass. Everytime we've had an interest rate spike because of the Debt Ceiling, rates fell to new lows. Markets are now sitting on the 100-DMA, and we're looking for a bit of a bounce today. Watch the 433-level on SPY today. This is one of those times where you have to work your way through this period if you weren't prepared. Make no emotional decisions, don't over-react, and look for opportunities. - Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts -------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- Visit our Site: www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to RIA Pro: https://riapro.net/home -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #DebtCeiling #BondYields #FedTapering #Yield Spike #PortfolioRebalancing #SpendingBill #MarketLiquidity #Stocks #Trading #Rates #Money #Markets #Finance