Goldman Sachs, in a research note, describes default on U.S. debt as “extremely unlikely,” even if the debt ceiling isn’t lifted, Jim Pethokoukis at Reuters reports. Here’s the money quote:

Recommended Stories

To end the war, end the Palestinians’ hope of victory

To punish Trump, legacy media cut the feed on the American public — and called it ‘democracy’

November Social Security direct payment worth $994 goes out in two days