The Five Scenarios of a Debt Ceiling Breach
October 14 (Bloomberg) -- Bloomberg's economic editor Mike McKee explains the five possibilities in a world where Washington can't resolve a debt ceiling extension by Thursday, October 17th. (Source: Bloomberg)
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Britain Needs Keynesian Stimulus, Says Dryden
16:12 - As Bank of England officials gather this week to decipher the latest post-Brexit reports, they’ll probably assess a nasty outlook of slowing growth and faster inflation. Varying levels of tolerance for accelerating price growth are likely to be a major theme of the debate and are already dividing the nine-member Monetary Policy Committee on the need for stimulus. JPMorgan Asset Management Global Market Strategist Alexander discusses with Bloomberg's Anna Edwards and Manus Cranny on "Countdown."