Severe supply chain disruptions forebode a “brutal winter” for markets, which could suffer from heightened uncertainty if Congress fails to raise the debt ceiling well ahead of a December deadline, Citigroup (C) CEO Jane Fraser told Yahoo Finance at its All Markets Summit on Monday.
She expressed optimism that the supply-demand imbalance could pass next year, but acknowledged that disruptions “could become more sustainable.”
“We’re probably in for a bit of a brutal winter, particularly in…
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