Marc Chandler – Current Economic Data Compared To Fed Forecasts and Banking Sector Issues Continue and Debt Ceiling Discussion
Marc Chandler, Managing Partner at Bannockburn Global Forex and Editor of the Marc to Market website joins us for a different take on current economic data compared to Fed forecasts to the end of the year. We also discuss the banking sector issues in the US which perked up again this week. The question of how many banks are impacted and how many could be insolvent is very important but also unknown. Finally we discuss the Debt Ceiling debate and how this will play out. Also how it could impact the money markets and the global view on the US.