#44189
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Survivalist
rnews

There’s just all kinds of alerts going on:

“Treasury Secretary Jacob J. Lew told Congress in a new letter that thanks in part to lower-than-expected quarterly tax receipts, the extraordinary measures to forestall breaching the debt limit, combined with the new revenues, will run their course just a week after the resignation of Speaker John A. Boehner, R-Ohio, takes effect.

“Based on this new information, we now estimate that Treasury is likely to exhaust its extraordinary measures on or about Thursday, November 5,” Lew wrote in a letter to Boehner. “At that point, we could be left to fund the government with only the cash we have on hand, which we currently forecast to be below $30 billion. This amount would be far short of net expenditures on certain days, which can be as high as $60 billion.”

http://www.foxnews.com/politics/2015/10/01/treasury-secretary-says-congress-needs-to-act-on-debt-limit-by-nov-5/

Markets are back at panic levels, says Credit Suisse. the U.S. economy may not even have grown 1% in the third quarter, according to the Atlanta Fed’s GDPNow tracker.”http://www.marketwatch.com/story/markets-are-back-at-panic-levels-says-credit-suisse-2015-10-02

Bank Stocks Tumble as Jobs Report Threatens 2015 Rate Hike

http://www.bloomberg.com/news/articles/2015-10-02/bank-stocks-tumble-as-jobs-report-threatens-2015-rate-hike