A hawkish Fed talk keeps bond yields elevated despite mixed economic data, notes Kathy Jones. She and Nathan Peterson discusses what the debt ceiling discussion means for markets. Kathy notes that economic and inflation data still point to softer trends ahead. Nathan notes that markets are exhibiting modest weakness around mid-day after being higher earlier. He mentions that it's too early to say, but the technical remain relatively bullish near-term. They track overall market weakness. They examine what the VIX is indicating as debt ceiling talks stall. They also highlight how investors can navigate a rocky market. Tune in to find out more about the stock market today.
19 May 2023