Markets Will Tank News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Saying there? we're not going to vote for it, not that the doesn't need to be done. what is at stake if this debt ceiling isn't raised? >> well, financial havoc is really at stake. i mean, you're talking about as we saw ten years ago, the credit rating of the united states government being reduced. financial chaos in the markets. the markets will tank. and most importantly, on a human scale, we'll have literally millions and millions of americans, veterans, teachers, so forth, who will not be getting money they're earning because the treasury will not be able to pay those bills. what mitch jus...

Runs as an independent. >> he won't do that. >> he won't do that. if they are nominated, the markets will tank. that sounds like a line they will say. i believe the country will stand up and say, enough is enough. >> the 31-25. it dropped 40% to the bottom line. >> you didn't need to give the tax break to the rich people. >> when they reverse it -- >> why would they reverse it? >> who will be the president. >> joe biden, kamala harris. >> they're not going to raise taxes? they'll leave the trump tax plan

About to say run out of the of the country process. bad week to say it you were about to say something. >> when you say something if one of the koonts, democratic candidates are nominated or elected the markets will tank. i push back against that. that sounds like a trump will say. if any of these get elected the country will gown down. i believe the country will stand up and say enough is enough. you can have a great job and the economy can be strong but morally bankrupt and that's what we are seeing. >> the 35 to 21 move on the corporate taxes, dropped 40% to the bottom line of those corpora...

150 days since inauguration. why are america's markets up big league, as president trump might say? it's a question that puzzles many and morgan stanley's richard sherma is here to explain that and much more. it's a larger puzzle in a way for people. there are lots of people that felt that obama had a business unfriendly policy in many ways and yet the market kept going up. people said when brexit happens, you know, the markets will tank. they didn't really. when trump was elected, people said markets would tank. not so much because trump would be so terrible, but the uncertainty, the question...

150 days since inauguration. why are america's markets up big league, as president trump might say? it's a question that puzzles many and morgan stanley's ruchir charma is here to explain that and much more. >> ruchir, it's a larger puzzle in a way for people. there are lots of people that felt that obama had a business unfriendly policy in many ways and yet the market kept going up. people said when brexit happens, you know, the markets will tank. they didn't really. when trump was elected, people said markets would tank. not so much because trump would be so terrible, but the uncertainty, th...