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Debt Deal 2011

Playing the Investing Game in a Cloud of Economic Uncertainty

Whether you like it or not, the movements coming out of Capitol Hill affect Wall Street, and that makes it difficult for the average investor.Take for example the 11 th hour – or the 11 th hour and 30 minutes – move Congress made in October that ended the government shutdown and avoided a potential default on U.S. debt. The move certainly resonated well on Wall Street with the S&P 500 hitting new highs and pushing the NASDAQ Composite to levels not seen since 2000.But don't breathe a big sigh of relief just yet - more turmoil is looming on Capitol Hill that could move the markets and impact your investments.New Year, Same Old SongThe debt deal agreed upon on Oct. 16 funds the government through early January and raises the debt ceiling to a level that will probably need to be renewed again in February. Yes, that means the next round of negotiation will come just after the holiday season.There are a range of opinions on whether the next round of political fighting will be as contentious...

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  1. Street: What Crisis?

    Crisis? What crisis?That was basically Wall Street's attitude -- notably on stock trading desks -- toward the Congressional budget stalemate that shut down portions ...

  2. Financial Stocks Jump On Senate Debt Deal

    Financial stocks jumped with the broader market on Wednesday as senators signaled they had reached a deal to raise the debt ceiling. The Financial Select Sector SPDR...

  3. T-bill Auction Improves With Debt Deal In Sight

    The Treasury Department auctioned $20 billion of 1-month Treasury bills Wednesday at a rate of 0.240%, down from last week's auction, which sold at 0.350%. The highe...

  4. Stocks Hit as Fiscal Fears Mount ... Again

    FOX Business: Capitalism Lives HereU.S. equities took a hit in afternoon action as American fiscal talks that seemed promising just hours earlier skidded off track w...

  5. Wall Street Shaken

    FOX Business: Capitalism Lives HereU.S. equities ended a volatile day sharply lower as traders lost hope that Congress will be able to pass legislation to avert a de...

  6. Gold Sinks on Debt Deal Hopes

    Gold fell to its lowest in three-months on Tuesday as hopes that policymakers are close to resolving U.S. debt negotiations in Washington lifted stock markets, curbi...

  7. Senate Hashes Out New Framework for Debt Deal

    Senate negotiators worked Monday evening to cobble together a palatable solution aimed at staving off a debt ceiling breach Thursday.The last-minute hustle came afte...

  8. Senate Eyes Path Forward in Fiscal Debacle

    On the heels of foreboding comments from the president about the potential for a debt default if Congress fails to agree on a solution by Thursday, the Senate will c...

  9. Obama: We Face a 'Good Chance' of Defaulting

    Talking to reporters at an event in Washington D.C. Monday, President Obama said the U.S. faces "a good chance at defaulting.""This week if we don't start making som...

  10. Gold Rebounds 1.1% To $1,282.60 An Ounce

    December gold futures rose $14.40, or 1.1%, to $1,282.60 an ounce on Monday, rallying after U.S. lawmakers failed over the weekend to reach a deal to re-open the gov...

  11. Citi: Damage is Done, Debt Deal Won't Cut It

    Citigroup (NYSE:C) took on perhaps the most bearish tones yet in the nation's ongoing battle over the budget and debt. In a note to clients on Friday, the number thr...

  12. Treasurys Edge Up As Lawmakers Work On Debt Deal

    Treasury prices moved higher Friday as U.S. lawmakers worked toward a solution to extend the nation's borrowing ability. The benchmark 10-year note note yield, which...

  1. Did Washington Just Make it QE4EVA?

    Now that the debt-ceiling drama is (temporarily) over, Wall Street is back to focusing its attention on the Federal Reserve and the big question is when it might sta...

  2. Sticker Shock: U.S. Debt Bill is $123K Per Working American

    If the last few weeks on Capitol Hill has taught us anything, it's that Washington doesn't have the best concept of living within your means.  Last night's 11 th -ho...

  3. Gold Prices Surge on Debt Deal , QE Hopes

    Gold prices surged more than 3 percent on Thursday as the dollar stumbled, with bullion boosted by belief that a temporary deal to avoid a historic U.S. debt default...

  4. T-Bill Rates Skid After Debt Ceiling Agreement

    Interest rates on ultra-short-term U.S. government debt fell sharply on Thursday after Washington approved a last-minute deal to increase the debt ceiling in a bid t...

  5. Hong Kong Stocks Advance After U.S. Debt Deal

    Hong Kong stocks were higher early Thursday, following advances for U.S. stocks as Washington moved closer to reopening the government and raising the debt ceiling. ...

  6. Japan Stocks Advance After U.S. Reaches Debt Deal

    Japanese stocks climbed Thursday, helped by weakening in the yen against the U.S. dollar as Washington reached a deal to reopen the government and lift the debt ceil...

  7. Oil Edges Up on U.S. Debt Deal Outlook

    Crude oil futures rose on Wednesday as it appeared Congress was close to an 11th-hour deal to raise the government's debt ceiling and prevent a default.The U.S. gove...

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