Published on 26 May 2023 on MoneyWise via Yahoo Finance
The real US debt ceiling X-date could be June 8, Goldman Sachs says — 3 stocks that can protect investors if America defaults
All eyes in the finance world are on the U.S. debt ceiling, and while Treasury Secretary Janet Yellen previously stated the country risks defaulting as early as June 1, some experts are more optimistic.
“Our guess right now is that the real deadline is probably June 8 or 9,” Alec Phillips, chief political economist at Goldman Sachs, told Bloomberg on May 19.