Economy Is Slowing & Risks Of A Debt Bubble

The decline in gasoline sales show that the economy is slowing down, notes Ed Siddell. He talks about how the markets are lower after weak Home Depot (HD) earnings and debt ceiling uncertainty. He discusses how the debt bubble and high interest rates could fuel bankruptcies and defaults and defaults could add to banking stress. He also goes over the retail sales for April 2023. He goes over the takeaways from recent bankruptcies and the risks of a debt bubble. he also mentions strategies for hedging portfolios. Tune in to find out more about the stock market today.