How Did The Market Respond to the Last Debt Crisis?

It is reported that on June 1, 2023, the US will run out of money and unless Congress passes a bill to raise the nation's debt limit, our government will not be able to pay its bills. Naturally, this can cause some anxiety with respect to your retirement savings. So, what happened the last time our nation had a debt crisis? What happened the last time the government shutdown due to a debt ceiling stalemate?

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