“House Speaker John Boehner said that the GOP would offer a temporary increase in the debt ceiling in return for discussions with President Obama on other budget and deficit issues.” Story at ….
Full story at Global Economic Analysis…
I don't know where the market will go from here. The quick answer is "UP", because the Politicians have solved all out problems. Unfortunately, not much has really changed, so it will be interesting to see what happens in the next couple of days.
Thursday, the S&P finished up 2.2% to 1693 (rounded) at the close.