This week’s theme on the Retirement Quick Tips Podcast is: Debt Ceiling 2023: What It Means For You

Today, I’m talking about whether or not the debt ceiling will be the straw that finally breaks the economy’s back and sends us into a recession.

[Discuss chart]:

The rattling of consumers and businesses' confidence in the aftermath of a deal that hasn't yet happened should be enough to worsen the outlook for the economy and send us into a recession we’ve been flirting with since mid-2022. [Recording before June 1st], so if you’re listening when this episode goes live, a deal hasn’t been reached, and the stock market is behaving badly as a result, it’s likely because it doesn’t believe that the US will actually default, but that a coming recession is pretty much certain now. 

That’s it for today. Thanks for listening! My name is Ashley Micciche and this is the Retirement Quick Tips podcast.       

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Tags: retirement, investing, money, finance, financial planning, retirement planning, saving money, personal finance