#stockmarket #nvidia #jeromepowell
The debt ceiling and the interest rate decision have kept the stock market reluctant to break out for a while now. It seems we finally may be getting some solid direction.
On this episode of Bag Talk, we give an update on the debt ceiling decision and what it could mean for the economy going forward. We also give an update on the expectations for the next FOMC meeting. The stock market may be in for a big shock. We then give an update on Nvidia and what we decided to do with the stock after their earnings. This episode is jampacked with information and we look forward to hearing your comments below!
Links mentioned:
✅ https://www.fool.com/investing/2023/05/11/fed-rate-hike-pause-stock-market-will-do-this-next/
✅ https://finance.yahoo.com/amphtml/news/biden-and-mccarthy-have-a-debt-ceiling-deal-heres-whats-in-it-123629857.html
✅ https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html
✅ https://finance.yahoo.com/news/pce-inflation-higher-expected-april-154957785.html
✅ https://www.macrotrends.net/stocks/charts/NVDA/nvidia/pe-ratio#:~:text=The%20price%20to%20earnings%20ratio,May%2026%2C%202023%20is%20177.84
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