
The Potential Disruptions to Money Markets Due to Debt Limit Dynamics, According to Fed's Perli
Recent comments from Federal Reserve official, Dr. Michael Perli, have brought to light the impending threats posed by the U.S. debt limit dynamics on the stability of money markets. In a detailed discussion, Perli emphasized that the looming debt ceiling could provoke a considerable increase in volatility within money markets, which are crucial for liquidity and short-term financing.
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Scotiabank Advises Investors to Reconsider Their Portfolios Ahead of Tax-Loss Selling Season
As the year draws to a close, Scotiabank is encouraging investors to take proactive measures with their portfolios in light of the impending tax-loss selling season. This annual event sees numerous investors offloading underperforming stocks to realize losses for tax purposes. The financial institution's insights aim to guide investors in optimizing their investment strategies as the market shifts.
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