DEBT CEILING BRINKMANSHIP, AI FRENZY SPREADS
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
Artificial Intelligence Frenzy
Please click here for a chart of Advanced Micro Devices stock (AMD).
Note the following:
- Debt ceiling brinkmanship is ahead. Biden is meeting with congressional leaders today. So far the stock market is not concerned as the belief is that there will not be a default on the U. S. debt.
- In The Arora Report analysis, as we get closer to June, some anxiety will start creeping into the stock market if both sides do not come to an agreement.
May 9, 2023