Market Concerns Over Debt Ceiling Amid Economic Growth Fears

According to Odaily, following a sharp decline in U.S. stock markets, Jamie Cox, managing partner at Harris Financial Group, commented on the situation. Cox stated that the primary concern for the market is the debt ceiling, which is manifesting as panic over economic growth. He noted the irony in the current negative sentiment, suggesting that the market could rebound with any positive indication, such as avoiding a government shutdown or ending conflicts like trade wars. Cox believes the market is at a turning point in its downward trend.