Someone Found Some 'Good News' In The Way The Debt Ceiling Fight Is Going (And It's Not Even That Good) Staff
Posted: Oct 07, 2013 8:55 AM
The base case for most Wall Street economists is that somehow a debt ceiling deal gets done at the last second, preventing a breach. But how we get from there to here remains something of a mystery. For now, there's been zero progress. At all. But, remaining optimistic, Nomura economist Lewis Alexander identifies some vague positive developments. Here's his key observation: