About this episode
In today’s episode, Preston Caldwell, senior U.S. economist for Morningstar Research Services, discusses the U.S. debt ceiling, banking sector crisis, and strong jobs market. Introduction Disney’s Disappointing Fiscal Q2 PayPal Strong Start to 2023 Shopify’s Stellar Quarter Talk about where it looks like inflation is headed. - What are your thoughts on whether we're headed toward an 11th interest rate hike or a pause? What's happening in the jobs market? What is the debt ceiling and how does it work? Are there any other areas that people should be looking out for if debt default were to happen? What kind of fallout will recent bank failures have on the economy? 3 Inflation-Fighting ETFs Read about topics from this episode. Disney Earnings: Smaller Streaming Losses Are Nice, but Subscriber Growth Needs Reinvigorating PayPal Earnings: Growth Picks Up, Strong Margin Improvement Shopify Earnings: Strong Results as Revenue and Profitability Top Expectations Fed’s Powell Hints at—but Doesn’t Commit to—a Pause After the Latest Rate Hike When Will the Fed Start Cutting Interest Rates? What Will the Upcoming GDP Report Show About the U.S. Economy? What to watch from Morningstar. Active ETFs Take Off –– 3 Ideas for Investors Berkshire Hathaway: 4 Questions and 5 Cheap Stocks Morningstar Investment Conference: Recession Risks and the Markets Planning to Retire Soon? Flexibility and Spending Count Read what our team is writing: Ivanna Hampton Preston Caldwell Daniel Sotiroff Follow us on social media. Ivanna Hampton on Twitter: @IvannaHampton Facebook: https://www.facebook.com/MorningstarInc/ Twitter: https://twitter.com/MorningstarInc Instagram: https://www.instagram.com/morningstar ... LinkedIn: https://www.linkedin.com/company/5161/ Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.