Twitter Poll
The first option which got the second number of votes is the debt ceiling. The debt ceiling is approaching in October. Since the Republicans didn’t get enough votes to pass healthcare reform they don’t have the momentum to work together to get the debt ceiling increase to pass easily. This is the logic behind worrying about the debt ceiling – there is increased noncooperation within congress. Most investors know it will be passed, but the longer it is drawn out, the more likely it will cause volatility. The black swan event would be another debt downgrade like when S&P downgraded the U.S. in 2011.