The risk Wall Street doesn't want to think about

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March 7, 2023

A "debt clock" in New York City counts up the national debt. Photographer: Fatih Aktas/Anadolu Agency/Getty Images

Read the story Financial markets are showing little sign of concern that US lawmakers will fail to reach an agreement to raise the debt ceiling and avert a default. Most investors assume that in this game, the consequences of not raising the ceiling are so terrible they will ultimately be intolerable to both sides.  Read The Big Take.

Listen to the podcast Bloomberg reporters Sarah Holder and Fola Akinnibi join this episode to talk about why traffic stops for minor violations have become such a big problem in many US cities, and how police departments are responding to new limits on their authority following some high-profile violent incidents. Subscribe and listen on iHeart, Apple and Spotify.

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