As such, even if the current budget debate were to take a similar course to that of 2011, there is no guarantee that investors’ response would be similar.īefore we get to 2011, it is important to note the difference between a a government funding crisis and a debt ceiling breach. However, it’s important to note that economic and financial conditions in 2011 were very different than they are today. Looking back at the summer of 2011 can be instructive for investors in terms of how different markets reacted at the time. So, if the budget debate in Washington comes down to the wire, what should investors expect? While there have been several government shutdowns over the past few decades including in 1995-96, 2013, and 2018-19, only during the summer of 2011 did the possibility of default come to the fore. government securities as well as in equities, gold and other assets. Regardless, Q3 2023 could be fraught with challenges for investors in U.S. The amount of tax revenues received in April could bring the date forward or push it back within the three-month range. The Congressional Budget Office suggested in mid-February that the government could run out of cash between July and September. Wal-Mart (NYSE: WMT) is proud to support the causes that are important to customers and associates right in their own neighborhoods, and last year gave more than $270 million to local communities in the United States.The House of Representatives and the White House appear to be locking horns over the Federal budget and on raising the debt limit that could potentially delay coupon and principal payments on U.S. The company and its Foundation are committed to a philosophy of giving back locally. Eagles were inducted into the Rock & Roll Hall of Fame in 1998.Įvery week, millions of customers visit Wal-Mart Stores, Supercenters, Neighborhood Markets, and Sam’s Club locations across America or log on to its online store at The band’s “Hotel California” and their “Eagles Greatest Hits Volume 2” have sold more than 16 and 11 million albums, respectively. “Eagles, Their Greatest Hits 1971-1975” is the best-selling album of all time, exceeding sales of 29 million units. Schmit - have sold more than 120 million albums worldwide and have won four Grammy Awards. ![]() The Eagles – Glenn Frey, Don Henley, Joe Walsh, and Timothy B. This unique CD package contains 30 percent post-consumer recycled fiber, and virgin fiber from FSC Certified forests or other controlled sources. To ensure paper is sourced from well-managed forests, EarthChoice papers are certified by the Forest Stewardship Council (FSC), publicly endorsed by the Rainforest Alliance and supported by World Wildlife Fund and Forest Ethics. The album packaging features Domtar EarthChoice? papers. “Long Road Out of Eden” reflects the band and Wal-Mart’s shared commitment to environmental sustainability. ![]() “The phenomenal first week sales of ‘Long Road Out of Eden’ are a testament to Wal-Mart’s marketing and distribution.” “The band produced and delivered an album of integrity that was in keeping with their legacy…and the fans responded,” said Irving Azoff, Eagles manager. ![]() “We’ve notified the RIAA of the sales to quickly certify ‘Long Road Out of Eden’s’ multi-platinum status.” With the holiday season approaching we are confident that the double CD package will be one of the biggest sellers in Wal-Mart history,” said Gary Severson, senior vice president of Entertainment, Wal-Mart. “We were confident that Eagles fans would embrace ‘Long Road Out of Eden’ but it has exceeded our first week projections. The two disc set of 20 new songs is available in store for $11.88 or $10.88 in downloadable MP3 format online. This represents the largest first week sales of any music product at Wal-Mart in the last two years. ![]() 30 exclusively at Wal-Mart,, Sam’s Clubs and – has sold more than 700,000 units in its first week of release. has announced that the Eagles’ “Long Road Out of Eden” – released Oct.
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