Debt Ceiling Crisis? Tech Stocks Don't Care - May 18, 2023
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Debt Ceiling Crisis? Tech Stocks Don't Care - May 18, 2023
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About this listen
Tech stocks in the NASDAQ, especially Nvidia, continue to rip higher despite the prospect of a US government shutdown in June or July due to the debt ceiling; Yields are on the rise as well but stocks are still bullish; Walmart is a bright spot in a muted retail sector; Energy remains weak
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In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.