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Description: Biden #youtube #stockmarket Yahoo Finance's Rick Newman and Josh Schafer discuss a meeting between President Biden and ...
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soon as June 1st if action is not taken 5.101 Jump to 20.039 DATE June 1st
something like 4.5 half trillion dollars 3 Jump to 59.28 MONEY 4.5 half trillion dollars
one thing they can do is say let's put 4.5 Jump to 130.319 CARDINAL one
this off for three months uh because at 4.979 Jump to 132.48 DATE three months
volatility until about two weeks prior 3.899 Jump to 205.56 DATE about two weeks
that June one day think Janet Yellen had 2.821 Jump to 209.459 DATE June one day PERSON Janet Yellen
mentioning it has weight on the S P 500 5.28 Jump to 247.08 ORG the S P
before think about 2011 when the stocks 4.92 Jump to 249.42 CARDINAL about 2011
three weeks out from this happening and 2.82 Jump to 279.12 DATE three weeks
June 1st we should note that that's not 4.14 Jump to 281.94 DATE June 1st
1st that's when it could happen it could 3.6 Jump to 286.08
see how far away the two sides are but 4.56 Jump to 293.04 CARDINAL two
comparing this to is 2011 where you saw 5.099 Jump to 297.6 DATE 2011
a big run up in the S P 500 for the 4.5 Jump to 300.6 ORG the S P 500
first five or so months of the year then 4.141 Jump to 302.699 ORDINAL first DATE five or so months of the year
in May and the S P 500 took a big dive 4.5 Jump to 306.84 DATE May ORG the S P 500
about six percent and Dove down about 10 4.799 Jump to 311.34 PERCENT about six percent CARDINAL about 10
are worried about there's one call out 3.961 Jump to 316.139 CARDINAL one
the S P 500 to hit 3 800 before 4.799 Jump to 324.96 ORG the S P 500 CARDINAL 3 800
odds of a default scenario at um five 4.5 Jump to 342.24 CARDINAL five
percent but I'd say between five and ten 4.441 Jump to 344.639
2024 nobody wants a default on their 7.019 Jump to 384.18 DATE 2024
I I scratch my head on this one at Kiko 3.9 Jump to 395.88 ORG Kiko
gigantic 31 trillion dollar debt and 3.48 Jump to 410.52 MONEY 31 trillion dollar
time as we get closer to that June 1st 3.96 Jump to 487.56 DATE June 1st
what five to ten percent five percent uh 4.56 Jump to 495.3 DATE five to ten percent PERCENT five percent
a five percent chance of this actually 3.361 Jump to 504.599 PERCENT five percent
is not 100 100 chance but it does almost 5.04 Jump to 527.1 CARDINAL 100 100
some highlights 35 of Americans say they 3.96 Jump to 553.8 CARDINAL 35 NORP Americans
36 percent say they have confidence in 4.979 Jump to 561.42 PERCENT 36 percent
Jay Powell versus 54 they have almost no 6.06 Jump to 563.399 PERSON Jay Powell CARDINAL 54
you've got 37 percent say they have 3.961 Jump to 569.459 PERCENT 37 percent
still the lowest since 1969 that's 4.02 Jump to 607.08 DATE 1969
things number one inflation really is 5.22 Jump to 615.48 CARDINAL one
the election in 2020 something worked 4.56 Jump to 647.94 DATE 2020
2024. 3.42 Jump to 655.68 DATE 2024
four o'clock Eastern we'll all be 3.54 Jump to 661.14 TIME four o'clock ORG Eastern