The Debt Ceiling and stocks
I was wondering if I could get some input, I looked around briefly but did not see this topic.
I was thinking of what sectors will be affected the most in the event that the debt ceiling is not raised. I know the whole market will take a dive, but if the ceiling isn't raised, i'd like to buy into the sector that gets hit the hardest.
I was thinking maybe defense contractors, because the goverment is sure to hold off on awarding any contracts untill there's a way forward. What say you?