2 Question Tuesday – 05/23/2023 – How Will Debt Ceiling Affect The Markets & Why Is Tech Surging?
Welcome to 2 Question Tuesday. This week’s client submitted questions were:
- How will the debt ceiling debate affect the stock and bond markets?
- Why are tech stocks surging and will it last?
Phil, Mike, and Larry again discuss the debt ceiling debate after President Biden and top lawmakers once again postponed a meeting on Friday to discuss it for the second consecutive week, leaving just two weeks to make a deal. They then address the rally in technology stocks, which are up nearly 20 percent year to date.
Submit your questions to question@2questiontuesday.com
As always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.