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Friday, January 30, 2026

Futures Go Instantly Lower After Debt Vote Disaster

Courtesy of Joe Weisenthal of Business Insider

The House will not be voting on the Boehner debt ceiling plan today.

After failing to wrangle two votes, the bill is being sent back to a Rules Committee, where it will likely be made even more conservative, and less reconcilable with the Senate.

That combined with the loss of a night is bad news.

Futures are instantly lower.

chart

And By The Way, Boehner’s Failure Is Killing The Dollar Tonight

Courtesy of Joe Weisenthal

And in addition to tanking equity futures, the dollar is plunging against the yen.

Again, thank the lack of debt ceiling voting.

chart

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