Premarket stocks: Wall Street’s ‘fear gauge’ is rising as US debt talks drag on
Written by Black Hot Fire Network on May 16, 2023
New York(CNN) The United States government is inching closer to its so-called debt ceiling X-date, when the Treasury could run out of cash and extraordinary measures to pay all government obligations, and both political parties remain at odds with no concrete solution to avoid a default.
And while the odds of the US government actually defaulting on its debt still remain relatively low — it would