While most traders and investors still believe a debt-limit-hike agreement will be reached before the U.S. government defaults on its payments, the market place is becoming more jittery as the self-imposed August 2 deadline approaches for lawmakers.
While most traders and investors still believe a debt-limit-hike agreement will be reached before the U.S. government defaults on its payments, the market place is now becoming a bit more jittery as the self-imposed August 2 deadline approaches for lawmakers.
Christie's point to the fact that the sale was held on a particularly jittery day for the world stockmarkets, and the art market is notoriously sensitive to the first whiff of recession.
This was probably aimed at reassuring business leaders in the City of London, still jittery after Mr Sarkozy appeared to rejoice at the appointment of Frenchman Michel Barnier to oversee the EU single market, including financial services.