As far as equities are concerned it probably means risk on for a while; but we still have a cancer to deal with down the road.
This is the article in two sentences “So, it’s America 2.0. Fix the banks, give Main Street the middle finger and move along. Nothing to see here. The good news is that this plan might just buy them enough time to generate a sustainable fix.”
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Can’t pay your debts? Just raise your debt limit and let someone else deal with it after you’ve gone.