Dealing with Ceilings: Debt and Rates

Tuesday, March 21, 2023 11:00 AM EST | 8:00 AM PST | 4:00 PM GMT

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Investors constantly worry about what may tip the equity market back into bear mode and undercut the October 12, 2022, low. Will an overly hawkish Fed trigger a deep recession or a deeply divided Congress willing to accept a Pyrrhic victory through debt default? 

 

On March 21 for a webinar featuring Sam Stovall, CFRA’s Chief Investment Strategist, and Joe Lieber, Director of Research and Senior Political Analyst, to hear what they thought wre the likely outcomes of the ongoing rate-tightening cycle and the debt ceiling debate. 

 

Sam and Joe will discussed the following:

  • Whether the economy will endure a soft landing, mild recession, or something worse?
  • When will the financial markets begin to “look across the valley” to a recovering market?
  • If Congress is really willing to cause the U.S. Treasury to default on its debt?
  • Whether DC can generate enough investor optimism to keep year-3’s reputation alive.

 

 

Speakers

Sam Stovall, CFP

Chief Investment Strategist

Sam is Chief Investment Strategist. Sam Stovall is an analyst, publisher, and communicator of CFRA’s outlooks for the economy, market, and sectors. He is the author of The Seven Rules of Wall Street and The S&P Guide to Sector Investing. He also writes weekly “Sector Watch” and “Investment Policy” reports on CFRA’s MarketScope Advisor platform and maintains the Industry Momentum and Seasonal Rotation portfolios. His work is also found in CFRA’s flagship weekly newsletter The Outlook. 

Joe Lieber

Director of Research and Senior Political Analyst

Joe Lieber is Director of Research and Senior Political Analyst at Washington Analysis.  In this capacity Mr. Lieber analyzes political and legislative issues originating in Washington, D.C. that have the potential to impact overall sentiment in the financial markets.  Mr. Lieber also handicaps national elections, and has direct policy analyst responsibility for matters involving budget, taxes, transportation, gaming, and other one-off issues as they come up.

Mr. Lieber joined Washington Analysis as a Political Analyst in 1995. Prior to joining the firm, he began his career in 1991 with GOPAC as Deputy Political Director.  From late 1991-1995 Mr. Lieber was employed in the US Senate as Policy Analyst for Sen. Don Nickles at the Senate Republican Policy Committee (RPC).

Mr. Lieber received his B.A. in Economics and Political Science in 1990 from the University of Oklahoma, and earned a M.A. in International Transactions in 1994 from the George Mason University.  Mr. Lieber appears from time-to-time on CNBC, Bloomberg TV and other business outlets.

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