A New Bull Is Born and the U.S. Gets a Downgrade
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The Express Podcast episode 244 with Caleb Silver (May 19, 2025)
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The 90-day tariff truce boosted markets and propelled the Nasdaq into a new bull market as the A.I. trade got some beneficial treatment from the White House. Is there any conviction behind this rally, or is it simply short covering ahead of the summer season? Plus, Moody's downgrades the U.S. credit rating on concerns about rising debt levels, but investors have plenty of other concerns.
Links for Show Notes:
https://www.investopedia.com/what-to-expect-in-the-markets-this-week-11734954
https://www.investopedia.com/tariffs-may-pinch-profits-at-walmart-retailer-says-11735725
https://www.moodys.com/web/en/us/about-us/usrating.html
https://www.bespokepremium.com/interactive/research/think-big-blog/
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