The “debt ceiling” debacle is finally weighing on portfolios. The bond market prices are down in anticipation of credit quality downgrade upon the debt default, -rates go up to pay for higher risk, bond values go down. The equity markets get more skittish the closer we get to the Janet Yellen’s default deadline. We want to be there for the bounce-back. This is no time to "time" the market.
Debt Ceiling Roller Coaster
