House Rep. Speaker McCarthy Says I Have Not Spoken To Biden In Last 24 Hours; Will Continue To Work Today On Debt Celling, We Will Work Until We Get It Done
Portfolio Pulse from Happy Mohamed
House Rep. Speaker McCarthy stated that he has not spoken to President Biden in the last 24 hours and will continue to work on the debt ceiling issue until it is resolved.
May 26, 2023 | 2:41 pm
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NEUTRAL IMPACT
The ongoing debt ceiling negotiations may cause uncertainty in the market, potentially impacting the SPY ETF in the short term.
The debt ceiling negotiations are an ongoing issue that can create uncertainty in the market. While the SPY ETF is not directly mentioned in the article, it is a broad market indicator that can be affected by such macroeconomic events. The impact on the SPY ETF will depend on the outcome of the negotiations and the market's reaction to it.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 50