Kavan’s Blog
Kavan shares his insights and perspectives on key issues facing the global economy, financial markets and more in his blog.
Debt Ceiling Fallout – The Winners, The Losers and What It Means for the Markets
By Kavan Choksi
In January 2023, the U.S. reached its debt ceiling, and Secretary Yellen announced that the Treasury would begin taking “extraordinary measures” to avoid defaulting on any U.S. obligations until a bill passed to increase the debt limit. Such measures have become relatively common over the last two decades.
The 2022 U.S. Midterm Elections – What’s Next?
By Kavan Choksi
This year’s US midterm elections arrived at a precarious economic moment amid rampant inflation and recessionary fears. The results of the election will not likely cure the macroeconomic issues; however, the market has usually performed better in the six months following a midterm election than it did in the six months leading up to it.