"US Default Deadline Looms: Investors Brace for Turbulence and Catastrophic Global Jolt"
Bankrate's senior economic analyst advises investors not to make bets on a potential US default due to the high degree of uncertainty and lack of precedence. Instead, investors should maintain a long-term approach, build emergency funds, and consider high-yield savings accounts. A default would be catastrophic for the economy, and it would unleash many unknown repercussions that investors wouldn't be able to make regular assumptions about.