US shutdown raises fears of debt ceiling crisis

Taha Lokhandwala looks at the US stalemate and the potential long-term impact on asset prices

clock

The dispute between the White House and the US House of Representatives could cause a global asset crisis as it highlights the potential for failure in the upcoming debt ceiling debate.

The US federal government shut down this week when clashes between the Democratic White House and Republican-led House of Representatives (Congress) reached boiling point. It led to a failure to...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

 Stories of the week: Gill Furniss resigns; PSIG consults; WTW on contributions

Stories of the week: Gill Furniss resigns; PSIG consults; WTW on contributions

Gill Furniss resigns; PSIG launches consultation; WTW says enrol workers at maximum contribution levels

Professional Pensions
clock 03 May 2024 • 1 min read
Brightwell CEO Morten Nilsson to present keynote at Future of Investment Festival

Brightwell CEO Morten Nilsson to present keynote at Future of Investment Festival

This year’s festival will be held in-person on 5 June at 155 Bishopsgate, etc venues in London

Professional Pensions
clock 02 May 2024 • 1 min read
Partner Insight: How can we unlock opportunity in a new market regime?

Partner Insight: How can we unlock opportunity in a new market regime?

Several multi-decade trends have recently come to an end, and investors are contending with a world that is less connected, less stable geopolitically, and potentially more inflationary. Against this complex backdrop, Newton CEO Euan Munro explores how...

Trustpilot