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The debt ceiling deal may have saved the US from defaulting on its debt, but where does this leave the stock market?

  • The passing of the bill may have saved the immediate trouble of defaulting but it could be months before investors and the stock market regain their stability.
  • SoFi stock rose nearly 31% in the past week because of the new debt ceiling deal.
Sara Khairi | June 05, 2023
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The debt ceiling deal may have saved the US from defaulting on its debt, but where does this leave the stock market?

 

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From Chinatown roots to SoCal’s focus: How East West Bank became SoCal’s largest publicly traded bank

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Inside Alex Chriss’s first year leading PayPal

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The changing tides in the Gen Z-traditional FI relationship

  • With the rise of new-age, youth-centric non-bank financial firms, traditional banks might find themselves at the end of the line in the eyes of Gen Z.
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