Its appears we are out of the woods with regards to the debt ceiling but what does that mean for the Stock market and interest rates.

The first chart is the Stock Market activity last 3 years. 2023 so far is calm very calm. Operating in a narrow +-2% range.

The Bond Market has been steadily rising this month, not helping interest rates.

Interest rate peaked over 7% last week according to the daily Average.

Its a short week with ADP employment report and initial jobless claims.

Have a great week and always feel free to reach out with any questions.