Page 6 - Caleb Silver News Today

For a landing. the closer you get to the runway, the tougher things arent. that is kind of what we are right now. these larger issues in the debt downgrade im sure him talk about. what fitch calls deterioration in governance. there is not a big issue still facing the economy in this country. yasmin? >> scott holmes for us. thank you. caleb, this talk a little bit about this. we are looking at the fitch credit downgrade happening, of course, what we are getting that third indictment of the former...

Trying to get back to speed here. government hiring would be pretty aggressive government shutdown me pretty bad for the economy, overall and also another sign that we cannot get our fiscal act together in congress. >> you have this infighting back and forth between democrats and republicans. that is one of the reasons you have overspending happening, as well. that is one of the reasons. if you look at the overall economy, caleb, i think it is interesting that that doesnt necessarily seem like i...

Raise rates again last month. >> it has worked to fight inflation, but we have higher rates. >> thats right, and they have a double edged sword. it makes everything more expensive, car loans, mortgages obviously, credit cards. the good side of this, you get money out of the bank right now, because banks raise those interest rates as well on your savings account. and student loan payments, were talking about spending and how strong it is, and its a very big deal. student loan payments come back t...

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