Debt Ceiling Deal Hopes

What to know as we get closer to June 1… [TradeSmith Daily]( Debt Ceiling Deal Hopes When U.S. stocks took a big hit on Tuesday — snapping a four-day winning streak — analysts cited a litany of possible causes. But when the big indexes bounced back Wednesday, those same analysts cited only one cause: an upbeat development in the debt-ceiling crisis. That upbeat news was delivered by U.S. House Speaker Kevin McCarthy, who said a deal to raise the country’s $31 trillion debt ceiling could be settled by “the end of the week.” With U.S. Treasury Secretary Janet Yellen warning that the United States could default on its debt by June 1, hope for a resolution can’t come any sooner. For folks who want to dismiss this as just the latest Washington hullabaloo, think again. A debt-ceiling showdown back in 2011 frenzied the financial markets, brought the country to the brink of default, and ended with the United States losing its top-tier AAA credit rating from Standard & Poor’s. RECOMMENDED LINK [Income to make investors forget about dividends]( You can hold 100 shares of Starbucks, and they will pay you $212 a year. But what if I told you that you could collect a payout of $268 with those same 100 shares... not in a year... but rather in a week? That’s right... Instead of waiting a year for $212 in dividends, you could take $268 upfront payout... and then potentially collect hundreds more dollars a week for the remaining 51 weeks of the year. And what if I also told you that this strategy is LESS risky than regular buy-and-hold investing? In [this presentation]( I show two regular folks exactly how it works. As you’ll see, they had no Wall Street connections or formal financial training. But they each collected hundreds of dollars in instant income, thanks to what I showed them [here](. [AI is creating a new wealth gap NOW [Here's what you need to do today]]( Thanks to AI, economists from MIT, Harvard, and Boston College believe that we are about to witness the explosion of the biggest wealth gap we've ever seen. And with what AI can do, who can disagree with them? But fortunately for retirees, there is a way to profit from all of it. [Click here](. This latest controversy has created an “uncertainty overhang,” as a default affects the entire economy. And that includes consumer-focused benefits such as social security and military salaries. Because debt-ceiling crises aren’t an annual occurrence, there’s not a ton of data on how stocks perform when one strikes. But our in-house income and option expert John Jagerson has studied the situation and recently shared his analysis with the members of Constant Cash Flow. In less than six minutes, you’ll learn what all this means for generating income from both short-term and long-term positions: For those who are already members of Constant Cash Flow, you can expect more insights like this each Thursday in the exclusive feature “Three-Thought Thursday.” If you would like to learn more about having this type of insight hit your inbox directly — as well as trading opportunities every day of the year — [you can do so here](. Enjoy your Thursday, [Keith Kaplan]Keith Kaplan CEO, TradeSmith [Download now on the Apple Store]( [Get It On Google Play]( More Investable Information at Your Fingertips [TradeSmith’s 2023 Guide to Beating Inflation]( [Bitcoin Is Far from Dead (Here’s Proof)]( [This Could Be the Amazon of Gene-Editing Stocks]( [Electric Vehicles Passed This 5% Tipping Point – Here Are 2 Investments to Make]( [Customer Support: 866.385.2076](tel:+866-385-2076) | support@tradesmith.com [Mailbag Questions](mailto:Keith@TradeSmithDaily.com) ©TradeSmith, LLC. All Rights Reserved. You may not reproduce, modify, copy, sell, publish, distribute, display or otherwise use any portion of the content without the prior written consent of TradeSmith. TradeSmith is not registered as an investment adviser and operates under the publishers’ exemption of the Investment Advisers Act of 1940. The investments and strategies discussed in TradeSmith’s content do not constitute personalized investment advice. Any trading or investment decisions you take are in reliance on your own analysis and judgment and not in reliance on TradeSmith. There are risks inherent in investing and past investment performance is not indicative of future results. TradeSmith P.O. Box 340087 Tampa, FL 33694 [Terms of Use]( [Privacy Policy]( To unsubscribe or change your email preferences, please [click here](. [tradesmith logo]