In this episode we discuss the recent discussion around the debt ceiling and why it matters, also why it doesn't matter. We discuss the implications of default and what it means for the long term of the U.S. Sovereign Debt. What would have to happen for the U.S. to get the debt problem under control and will that ever happen...
We end the podcast discussing recent earnings from Nvidia, a designer of high-power processing GPUs that are used in many areas including AI. They proved wall street analysts wrong by raising revenue guidance by 5B next quarter. The stock moved over $200B in market cap on the news. Is that a justified move?
We hope you enjoy this episode of the podcast
NASDAQ Earnings CITATION:
https://twitter.com/KeithMcCullough/status/1662022317021560832
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