by rogerscott | Jun 2, 2023 | Daily Videos
The major indices are up premarket and we finally have a debt ceiling bill in place. Friday’s big report is the employment situation, and payrolls rose by 339,000 for May, much better than the 190,000 Dow Jones estimate. It was the 29th straight month of positive...
by rogerscott | Jun 1, 2023 | Daily Videos
The market is little changed following news that the U.S. House passed a debt ceiling bill and sent it to the Senate. The Fiscal Responsibility Act passed with bipartisan support, and is key in raising the debt ceiling and preventing the U.S. from defaulting....
by rogerscott | May 31, 2023 | Daily Videos
Before we get to today’s stock market outlook, I want to let you know that I’m appearing on “Roundtable With Don Yocham” alongside Celeste Lindman and Jeffrey Muller at 11 a.m. ET today, May 31! Join us here: https://prosperitypub.com/roundtable We’ll discuss...
by rogerscott | May 30, 2023 | Daily Videos
The major indexes rose to start the shortened trading week Tuesday morning on positive news regarding the debt ceiling debate. President Joe Biden and House Speaker Kevin McCarthy appeared to reach a deal over the long Memorial Day weekend on raising the U.S. debt...
by rogerscott | May 26, 2023 | Daily Videos
The major indexes crept higher as investors eyed an end to the debt ceiling negotiations. While House Speaker Kevin McCarthy said a deal had not been reached as he left the Capitol Thursday night, the White House and McCarthy are reportedly close to a deal as of...