Asian markets mostly higher after Biden-McCarthy deal on U.S. debt

The yen fell to 140.3 to the doller Today. Tell me again how the market is up?

Uncertainty the enemy of markets, so eliminating such uncertainty, clearly a friend indeed!

Plus, putting caps on US. Govt. future spending will help to contain inflation, that's been fueled by excessive Govt. fiscal spending in US and much of world. That in turn will help keep rates from rising too much farther.

Translation? It's hang-over time, spending on inflation adjusted basis will be falling. As US population continues to grow, so per capita inflation adjusted US. Govt. discretionary spending probably falling minimum of 5%.

Meanwhile unfunded giant programs like Social Security, Medicare, Medicaid, set for massive reductions by 2030, approx. 25% across the board if nothing's done.

Asian markets mostly higher after Biden-McCarthy deal on U.S. debt

Remember, the stock markets of rentier capital divorced from most people's working lives are buoyed by announcements of austerity cutting social benefits to workers, mass layoffs at employers and aggressive cost cutting of labor.

Key to this deal was always inflation, continued Govt. out of control spending had to be addressed.

Voters #1 issue by far is inflation, really globally, so all politicians have to act or pack their bags.

Markets also happy as NO NEW TAXES, so Biden caved.

wondering what kind of "journalism" is this compilation of somenumbers?

wondering what kind of "journalism" is this compilation of somenumbers?

Objective facts. You wouldn’t understand.

Putting the story to one side can you please stop ruining photos with random people walking in front of the camera all of the time. Do you think these people want their photo taken?

Their is no deal , Biden meeting resistance from Democrats

Is the performance over yet, or is Boebert demanding no brown M&m's or something?