Weekly commentary: Debt ceiling spat takes a breather


We believe the debt ceiling dispute will eventually resolve but could trigger more volatility. The broadening economic restart keeps us tactically pro-risk. U.S. job growth slowed sharply in September, but we see it as unlikely to affect the Fed’s taper plan. The Senate reached a deal on a temporary debt ceiling rise. U.S. inflation data will be in focus as price pressure has appeared to be more persistent than expected and broadened beyond pandemic-related items

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