US political wrangling 'threatening to discredit treasuries'

Natasha Browne looks at the impact of austerity on US government debt

clock

Stock markets tumbled when the US government closed down for two weeks last year after the White House and the House of Representatives clashed heads over whether or not to raise the debt ceiling.

There have been a total of 18 shutdowns in the past 30 years. US political commentator and former partner with Washington-based law firm Covington & Burling Andy Friedman is worried persistent incr...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Mansion House speech: 11 recommendations for LGPS reform

Mansion House speech: 11 recommendations for LGPS reform

Barnett Waddingham says Mansion House will be ‘watershed’ moment for the LGPS

Jeff Houston with contributions from Melanie Durrant and Dave Moreton
clock 12 November 2024 • 3 min read
Border to Coast invests £48.5m in renewable energy infrastructure

Border to Coast invests £48.5m in renewable energy infrastructure

LGPS pool’s investment in Capital Dynamics to finance construction of wind farms in Scotland

Martin Richmond
clock 12 November 2024 • 2 min read
Chancellor's Mansion House speech – Five possible areas for pension reform

Chancellor's Mansion House speech – Five possible areas for pension reform

Broadstone says the speech could mark a ‘turning point’ for the pensions industry

Professional Pensions
clock 12 November 2024 • 3 min read
Trustpilot