Progress on the Debt Ceiling, Deere Earnings on Tap, and Bonds vs. Stocks 5/19/23
While President Biden is in Japan for the G7 conference, the White House says Democratic negotiators are making progress in their debt ceiling talks. Raymond James’ Ed Mills explains the latest. Plus, Deere reports earnings this morning, offering insight into the state of the economy. D.A. Davidson’s Michael Shlisky discusses his expectations. And, new research suggests more traders are favoring bonds over stocks as the US3M hits new highs this week. Apex Financial’s Lee Baker, Main Street Asset Management’s Erin Gibbs, and Pivotal Invests’ Tiffany McGhee break down their investment strategies.
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