The Market Is Pricing In The Risk Of Default

The SPX finally found support at 4,100, notes Randy Frederick. He and Kathy Jones discuss the macro picture as debt ceiling discussions continue. They talk about the takeaways from recent market action. Kathy mentions that the market is pricing in the risk of default and Fedspeak continues to be mostly hawkish. They then go over what investors should be watching, as well as how investors can navigate a rocky market. Finally, they highlight takeaways from the latest economic data. Tune in to find out more about the stock market today.

Market On Close

23 May 2023

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