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Jesse Felder: Markets are Not Pricing in a Debt Ceiling Debacle

Jesse Felder: Markets are Not Pricing in a Debt Ceiling Debacle

FromMining Stock Daily


Jesse Felder: Markets are Not Pricing in a Debt Ceiling Debacle

FromMining Stock Daily

ratings:
Length:
32 minutes
Released:
May 5, 2023
Format:
Podcast episode

Description

Today we finish up the very busy week with Jesse Felder of The Felder Report. We begin by talking about the FOMC's decision to raise rates once again and then leave their forecasts for more interest rate increases open-ended. Is this a Pause the market was expecting? Or is Powell and Team fully committed to keeping a 2% inflation target. The markets reacted, but are they pricing in a looming political battle with the debt ceiling of the United States government? Jesse doesn't believe so.
Released:
May 5, 2023
Format:
Podcast episode

Titles in the series (100)

Mining Stock Daily is a brief overview of finance and resource exploration news from the world's mining and metals sector. Mining Stock Daily is a quick overview of the day's most important sector information for both precious and base metals, including market trends and analysis.