Is Wall Street Too Optimistic?
The following video is from Friday's Investor Beat, in which host Chris Hill, and Motley Fool analysts Ron Gross and Charly Travers dissect the hardest-hitting investing stories of the day.
The U.S. Federal Government remains partly shut down, and the deadline over whether Congress will raise the debt ceiling, or let America default on its debt, is rapidly approaching. Yet, the markets seem to be shrugging this off. In today's lead story on Investor Beat, Ron and Charly discuss why there seems to be so much confidence that a deal will be struck in time, and whether or not this belief is misguided.
What investors need to know about the National Debt
The U.S. government has piled on more than $10 trillion of new debt since 2000. Annual deficits topped $1 trillion after the financial crisis. Millions of Americans have asked: What the heck is going on?
The Motley Fool's new free report, "Everything You Need to Know About the National Debt," walks you through with step-by-step explanations about how the government spends your money, where it gets tax revenue from, the future of spending, and what a $16 trillion debt means for our future. Click here to read the full report!
The article Is Wall Street Too Optimistic? originally appeared on Fool.com.Charly Travers has no position in any stocks mentioned. Chris Hill has no position in any stocks mentioned. Ron Gross has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.