Deal DONE – debt crisis over
“Well, I hate to say I told you so.”
“Actually I don’t. I’m glad to have been right about this one.”
JPMorgan CEO To Run For President?
“Don’t look now but the presidential race might be about to get one more candidate…”
“One who can probably buy and sell all the others combined.”
“Careening towards BANKRUPTCY”
“Nothing is certain, but it looks like the debt deal is going to pass the House.”
“The House Rules Committee made it to the floor on a 7-6 vote. Two Republicans opposed it.”
No Default… For Now
“Disaster has been averted.”
“It looks like Speaker of the House Kevin McCarthy and President Joe Biden have cut a deal to avoid a default and raise the debt limit for the federal government.”
Tesla, Ford team up on chargers
“Tesla has just cut a deal that will give Ford EV owners access to 12,000 Tesla Supercharger stations beginning next spring.”
“This is a great move on several levels.”
NVDA BOOMS – up 25% in after-hours
“Nvidia is closing in on one trillion dollars in market cap.”
“Only six other companies have done it – companies with names like Microsoft, Apple, Alphabet…”
Is BABA back?
Is Alibaba’s brutal run nearly over?
Profit margins are still down as a result of COVID, but the company is back to raking in cash, with revenue way up.
There are still some issues with China-US relations to worry about, but if you are interested in weathering that storm, this stock could be a great bet.
“Nowhere Near A Deal”
Speaker of the House Kevin McCarthy had some blunt words for his caucus that seemed to contradict what was said earlier. “I need you all to hang with me on the debt limit,” he told Republicans according to reporter Jake Sherman. “We are nowhere near a deal yet.”
Senate preps for EMERGENCY
“50 Senators were supposedly issued emergency satellite phones this week.”
“After all, we just saw a military incursion into Russia yesterday. (Don’t miss Mr. X on that.)”
Odds of a default suddenly INCREASE
“The odds of a default are suddenly increasing.”
“GOP leaders called off negotiations until President Joe Biden returned from the G-7 Summit.”