⚡ Market decline is canceled! 📉
Yesterday's market decline was the result of concerns related to a potential U.S. default triggered by reaching the debt ceiling. 🔴 The issue arose after the debt limit was reached, sparking intense discussions in political circles. One of the main voices against raising the ceiling was Donald Trump, who insisted on either raising it or completely abolishing it, which could have led to a shutdown—a temporary suspension of federal government operations.
🔵 Nevertheless, the situation began to develop positively: the U.S. House of Representatives voted to raise the debt ceiling until March 2025. This decision was an important step that ensured greater stability in the markets and helped avoid deeper economic turbulence. U.S. President Joe Biden has already expressed his readiness to sign this bill. 📜
🔴 However, this is not yet a final victory, as next week this bill will be sent to the Senate, where it also needs to be approved. Until then, investors will continue to closely monitor the developments. 😬