Howdy readers. I'm Phil Rosen, writing to you from New York City.
The Oval Office is no stranger to high drama, but Tuesday's meeting held particular gravity — President Joe Biden met with House Speaker Kevin McCarthy and other congressional leaders to hash out debt-ceiling particulars.
As expected, the rendezvous produced nothing definitive as far as conclusions.
In any case, one outcome that many hold with a high degree of certainty is that financial markets are going to feel pain if the "x-date" bell tolls.
Welcome to the weekend. Phil Rosen here, writing to you from Manhattan.
I'm somewhat of a skeptic when it comes to digital assets, but so far this year bitcoin's been the top performing asset by a landslide — it's up more than 73%.
I caught up with a blockchain executive to get the scoop on why that rally could see more upside as the economy slows down.