Recession And Debt Ceiling Fears Loom Large For Investors

Investor worries are on the rise, driven by the debt ceiling confrontation and the possibility of a recession. The fears are real and justified, but could either of these events cause a systemic collapse? To help answer this question, let’s start by thinking about what it would take to really rock the system. We have had only two of those events in the past couple of decades: the Great Financial Crisis (GFC) and the pandemic. So, what made those so bad?

Current Worries in Context