Retail Earnings, Fixed Income Investing, and the Trading Day Ahead 5/25/23
Morning Call
00:00
The US Credit Rating Rattling Cages Over There
Fitch cuts the outlook on U.S. sovereign debt, to a negative watch or bring them into a negative watch. The prospect of a potential default state side suddenly becomes a little bit more real for investors. Japan's Nikkei 225 snapped out of a two-day losing strength today in return to winning ways. Germany has entered that recession with the final GDP data showing the second quarter of the year. Airbilly Gumbade: Investors filling in just a bit more anxious over the 11th hour nature of the debt ceiling talks at least on the income side.
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