No deal yet

The US debt ceiling negotiations are still stealing the spotlight and while House Speaker Kevin McCarthy and US President Joe Biden had a “productive” meeting yesterday, they have not yet reached an agreement. Markus Allenspach, our Head of Fixed Income Research, joins today’s episode to explain whether he thinks a deal will be reached in time and why no-one can nail down an ‘X-date’ for when the US will actually run out of money. Hannah Wise, Business Journalist, shares how listeners can join our Beyond Markets webcast on Thursday about how to generate income in uncertain times. 00:14 Introduction by Helen Freer (Investment Writing)00:54 Markets wrap-up by Lucija Caculovic (Investment Writing)04:48 Update  on US debt ceiling talks by Markus Allenspach (Head of Fixed Income Research)9:28 Details for Forthcoming Income Generation Webcast by Hannah Wise (Head of video channels)12:08 Closing remarks by Helen Freer (Investment Writing)