Good morning, friends. Phil Rosen here. Today we're talking housing — but before we get to that, the big thing to watch today is President Joe Biden's meeting with congressional leaders.
The cadre will look to resolve the hotly-contested debt ceiling stalemate.
Experts have cautioned that the so-called "x date" — when the country tips into a catastrophic default — could loom mere weeks away.
It'd be untested waters, but odds are a US default isn't quite a bullish black swan for markets.
If this was forwarded to you, sign up here. Download Insider's app here.