White House Official Says "If Both Sides Negotiate In Good Faith And Recognize They Won't Get Everything They Want, A Deal Is Still Possible."; Democratic Votes Will Be Needed To Pass Any Deal
Portfolio Pulse from Happy Mohamed
A White House official stated that a deal is still possible if both sides negotiate in good faith and recognize they won't get everything they want. Democratic votes will be needed to pass any deal.
May 19, 2023 | 3:57 pm
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NEUTRAL IMPACT
A potential deal between both sides could impact the market sentiment, affecting the SPY ETF in the short term.
The news of a potential deal between both sides could lead to a change in market sentiment, which may affect the SPY ETF. However, the impact is uncertain as the outcome of the negotiations is still unknown.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 50