As Americans focus on budget negotiations in Congress, the US may be headed toward another recession.
Sell your debt-resolution plays and focus on stocks that won't be derailed by a US default.
Treasuries, gold and cash prove popular as investors wait for signs of progress on the debt-ceiling resolution.
Metal prices are so high that the uncertainties of a US default make a further advance unlikely.
Even if a deal comes through before Tuesday, it's unlikely that the government can cooperate well enough to prevent a downgrade.
Even if Congress reaches a budget deal, S&P might still cut the nation's credit rating. Suggestion: Increase your positions in cash and precious metals.
Prices waver as markets wait to see whether US lawmakers can avoid a default.
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All hail the bull market, which ended the week with a big rally. But it also is starting to look a little like 1987, which suffered an epic blow-out.
The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
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