Via JP Morgan trader remarks, casting an eye out past this week.
- “While McCarthy said a deal is possible by end of this week, the timeline may be by the end of next week ahead of the Memorial Day,”
(JPM referring to comments yesterday on ‘possible this week’)
- “With that in mind … the biggest downside risk coming if we enter Memorial Day weekend without a solution, given the early June x-date.”
Holiday is May 29, NYSE (and other US exchanges) closed: