I’ve posted Entry #65 to my weekly Investing: The New Rules column at the Death by 1,000 Papercuts site. It’s called Debt Deal Nonsense: The Stock Market Does Not “Price In” Anything.
Juicy Excerpt: The same people who had earlier said that we were going to see a stock crash if lawmakers did not increase the debt ceiling changed their story. Now they say that stock prices fell because Congress increased the debt ceiling. Is there any way to lose at this game?