Please do not make this political. It’s certainly about politics, but surely adults can keep it sane!
Anyone else worried about political contentiousness leading to inaction on increasing the debt limit?
I’m concerned enough I retreated to cash on most of my more speculative positions, booked some losses that seemed unlikely to recover and pocketed some gains that seemed vulnerable.
If an agreement can’t be reached, I think the market might react negatively to the bad vibes.