What kind of day has it been? Motley full money starts now.

As always, people on the program may have interest in the stocks they talk about and the

Motley full may have floral recommendations for or against. So don't buy or sell stocks

based solely on what you hear. I'm Chris Hale joining me in studio Motley full senior

analyst Bill Barker. I'm switching it up today just leading with the disclaimer, get that

out of the way earlier. It's a very special episode. It is a very special episode because

we're going to talk about the buzz phrase of the day of much of this month and I would

argue what's driving the market today and that is of course debt ceiling. It appears

as though there is a deal on the table in principle for the debt ceiling. They got to get

it done by June 5th at the moment there is optimism and what's happening in the market

is reflecting that optimism. Sort of. I mean, it's flat at this point. It was up in the

morning, early morning by the end of the day. Could be very different. We're recording

this around lunchtime and yeah, it's going to visit a lot of different prices in between

now and whenever this gets finalized because it's just too simple a story that the two sides

get together, hash out a deal that satisfies sort of the middle and neither of the ends

of the political spectrum, both of which are voicing their displeasure with what they're

hearing about this bill or what they're reading about it at this point now that it's published.

So yeah, if the middle holds, then this all takes care of itself and in between now

and then I think the ends will get the political ends that is will get a crack at making headlines

about what's wrong with it. Yeah, I think if history is any guide, I was

spent a little time this morning looking back through 2011 and the debt ceiling battle

that went on for much of that summer and there were absolutely moments of great optimism

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