The vote on Speaker Boehner’s debt bill in the house, if approved, would head to the Senate almost immediately. Although the bill is not expected to pass in the Senate, it sets the stage for a possible compromise proposal that would eventually hit the President’s desk. Furthermore, economic data is a big driver today for Wall Street, weekly jobless claims dropping to a 3-month low providing an early boost before the bears take over. Is the recent market turmoil more about the economy or about the debt crisis? Ed Butowsky, managing partner of Chapwood Investment Management, joins to explain which of these is attracting the attention of serious investors in the market today.
Ed Butowsky is the managing partner of Chapwood Investment Management and is an internationally recognized expert in the investment wealth management industry. Ed is also a frequent guest on other networks such as CNN, NBC, ABC, Fox News, Fox Business, and Bloomberg to name a few.
Check out some of our other articles:
- Markets Remain Uncertain As Congress Can’t Make A Deal On Debt
- How to inflation proof your portfolio
- Copper & Silver Surging
- The Debt Deal and You
Tags: boehner, debt bill, debt crisis, economic data, ed butowsky, investment, investors, market, market turmoil, stock market, wall street
