TL;DR
- The debt ceiling crisis which has dragged on for months has finally been put to bed, with the U.S. Senate passing the bill last night
- Both the ADP jobs report and the U.S. Jobs Report have come in way above expectations, making the Feds next decision on interest rates just that little bit more challenging
- As the economy goes through ups and downs, value stocks can offer some stability to investors
- Top weekly and monthly trades
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Major events that could affect your portfolio
The lawmakers debate over the U.S. government debt ceiling has been dragging on for weeks, but it’s now finally been put to bed. The bill cleared the House earlier in the week, and on Friday night it (63-36) passed in the Senate as well.
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