Analysis: The Democrats have one chance to extract concessions from Trump. Markets will hate it
Summary
An upcoming debt-ceiling standoff could force Democrats to demand spending concessions from Donald Trump. This rare political reversal threatens to cause significant market volatility and raises the risk of a destructive default.
The next debt-ceiling confrontation could reverse Washington's traditional political roles, raising the possibility of spending concessions, market volatility and a damaging default.
Source: Read the full story at Economy
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