Default a ‘Black Turkey’ as Advisers Tell Investors Not To Sell
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As nerve-racking as he finds the debt-ceiling negotiations, Chris Rainbolt, 36, hasn’t shifted his portfolio in anticipation of a possible U.S. government default.
“It’s kind of like you’re standing on a cliff, and as long as you don’t fall off the cliff you’re fine,” said Rainbolt, who lives in Dallas and works in real estate. “If you do fall off the cliff, it doesn’t matter what you do.”