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READY-FIRE-AIM!

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READY-FIRE-AIM!

The 'tourist encourages everyone to think about a potential technical default ahead of time

Kevin Muir
May 12, 2023
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In a previous post, I highlighted the difficulties in trading the looming debt ceiling situation. Even the most skeptical strategists admit the odds favour a resolution, so we are dealing with a low probability event which makes taking a position difficult.

However, what if the unspeakable happens and the US defaults on its debt? You might believe that i…

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