Net Net: Promoting innovation and managing change
Net Net: Promoting innovation and managing change

The Debt Ceiling Deal Extends Uncertainty for Businesses

US Capitol Building at dawn
Allan Baxter | Digital Vision | Getty Images

The expectation of a market boost from agreement by policy makers to raise the debt ceiling was based on the idea that businesses would face less uncertainty once the deal was made.

The boost was incredibly short-lived. Less than an hour after the opening bell, the broad stock indexes headed down Monday morning.

Could the “uncertainty premium” of the deal have been over-rated?