Gold could rally to a new record high if the US defaults and investors flee to safety

Tech Insider : Economy
gold
DATE IMPORTED:October 27, 1997Security guard John Hall watches a stack of display gold bullion bars at the Australian Bullion Company's office in Sydney October 27.

David Gray/Reuters

A recession is more likely under the Republican debt-ceiling plan, Moody's chief economist warns

Tech Insider : Economy
Kevin McCarthy
House Speaker Kevin McCarthy

AP Photo/Alex Brandon, File

Billionaire investor Stanley Druckenmiller says the debt-ceiling crisis pales in comparison to the 'horror movie' of reckless spending

Tech Insider : Economy
Stanley Druckenmiller
Stanley Druckenmiller.

CNBC

Stocks and bonds would crash 'violently' in a debt crisis - even if the US avoids immediate default, former NY Fed president says

Tech Insider
Bill Dudley
Then-New York Fed President Bill Dudley in 2018.

VICTORIA JONES/AFP via Getty Images

The bond market just sounded the alarm on US default risks, and a 'cataclysmic' debt ceiling crisis could hit next month

Tech Insider
Kevin McCarthy
Speaker of the House Kevin McCarthy.

Drew Angerer/Getty Images

Markets are growing nervous over the prospect of a US default as debt ceiling deadline looms

Tech Insider
worried trader

AP Photo

Subscribe to government default