In recent weeks, the markets have remained suspended in a kind of “limbo” between fears about growth and the end of rate hikes, also due to the crisis in the banking sector in the US, with the bankruptcy of three financial institutions which then caused a strong tension on the whole sector on a global level.
Another major risk that lies ahead is that relating to the overrun of the US public debt ceiling, Washington will have to raise the debt ceiling to avoid falling into the risk of insolvency: Republicans and Democrats have little time to find an agreement and a definitive solution .
What will happen to Washington? Will Republicans and Democrats be able to reach an agreement?
They explain it in the video, Lorenzo Fuscà Head of Wealth Management and Stefania Cardone Investment Advisory of Banca Profilo.