05-13-2023: Janet Yellen Can't Break Through the Glass Ceiling

Band of Traders - Together We Trade

English - May 13, 2023 16:05 - 1 hour - 64 MB - ★★★★★ - 28 ratings
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Previous Episode: Midweek Update: 05-11-2023: Gassy and Stealy

Next Episode: Carley Garner: Senior Commodities Broker and Strategist at DeCarley Trading

This week in the China Shop, all the focus is on the debt ceiling and Congress's default to brinksmanship and the guys learn more about how the FDIC program actually works. In Stock News, MSFT signs an extremely optimistic fusion power deal, Wendy's tries to employ even younger drive thru workers and a shortage of airline mechanics has Kyle worried about the future of air travel. Over in the Crypto Corner, Kyle falls into a rabbit hole and PEPE finally pulls back. Two weeks into this month's Bet and it's as close as it's ever been!

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Links:

FDIC Wants Big Lenders to Shoulder Bank Busts

Jamie Dimon Warns US Default Potentially Catastrophic

Top Economist Calls Debt Ceiling Crisis 'Pathetic'

US Can Avoid Default in July if it Gets Cash in June

MSFT Signs Deal with Fusion Company

AI Chatbot to Replace Human Order Takers at Wendys

Airline Industry Facing Shortage of Maintenance Techs

Musk Names New Twitter CEO

ICahn Enterprises Fights with Hindenburg