“Here's the perversity of Wall Street's psychology: The more Wall Street is convinced that Washington will act rationally and raise the debt ceiling, most likely at the 11th hour, the less pressure there will be on lawmakers to reach an agreement. That will make it more likely a deal isn't reached.”

American journalist and author

Andrew Ross Sorkin is an American journalist and author. He is a financial columnist for The New York Times and a co-anchor of CNBC’s Squawk Box. He founded and edits DealBook, the financial news service published by The New York Times. Sorkin also wrote the bestseller Too Big to Fail, co-produced its HBO Films adaptation, and helped create the Showtime series Billions.