Debt Ceiling Negotiations, Inflation Complacency & Digital Banking 5/12/23

Listen to the day's top stories, the must reads & a whole lot more for today's modern investor.

CNBC’s Hugh Son joins ‘The Exchange’ to discuss Goldman Sachs’ A.I. powered social network Louisa, the startup community Louisa focuses on, andhow Louisa uses A.I. to pre-populate user information.

Ben White, chief economic correspondent at Politico, and CNBC’s Kayla Tausche join ‘The Exchange’ to discuss the ongoing debt ceiling negotiations, June tax revenue expectations, and Donald Trump’s comments about the debt ceiling fight.

Wolfe Research’s Chris Senyek joins ‘The Exchange’ to discuss positive guidance in industrials, inventory concerns impacting retail earnings, and guidance for the financial sector leading the downtrend.

Andrew Jeffrey, managing director of fintech software research at Truist, joins ‘The Exchange’ to discuss future of banking the shift towards digital banking, how SoFi is attracting deposits with a high-yield savings account, and the case for fintech services.

Ran Eliasaf, Northwind Group founder and managing partner, joins ‘The Exchange’ to discuss private equity funds stepping up lending as banks pullback, converting vacant hotels to multi family homes, and concerns about a macro downturn.

CNBC’s Pippa Stevens joins ‘The Exchange’ to discuss solar stocks performing better following updated tax credit guidance, a stronger dollar sending oil prices lower, and China’s role as a key player in commodity markets.

 

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