HomeMarketsU.S. Economy & JobsDebt Ceiling Deliberations & The A.I. Revolution

Debt Ceiling Deliberations & The A.I. Revolution

Goldman Sachs estimates treasury cash will drop to under critical $30B by June 8 or 9th, notes Liz Ann Sonders. She and Kathy Jones discuss the outlook for markets and economy after Nvidia (NVDA) earnings. They also go over what the bond market is indicating. They talk about major takeaways from recent market action. They then track debt ceiling deliberations. Kathy mentions that yields are pushing higher on Fed officials comments about keeping rates higher for longer. They highlight what eco data are telling us about the economy. Finally, they look at how the A.I. revolution is impacting markets. Tune in to find out more about the stock market today.

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25 May 2023

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