A Market View From Happy Hour - Credit Tightening Coming By Fall
Portfolio Pulse from Joe Benjamin
Concerns over commercial real estate loan defaults and a slowing economy are raising the possibility of credit tightening by fall. The SPY (NYSE:SPY) is entering a choppy trading period, with the Debt Limit bill and May Jobs report being potential short-term catalysts.
May 31, 2023 | 10:31 pm
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The SPY (NYSE:SPY) is entering a choppy trading period, with the Debt Limit bill and May Jobs report being potential short-term catalysts.
The article mentions that the SPY is entering a choppy trading period, which indicates uncertainty in the market. The Debt Limit bill and May Jobs report could impact the market, but it is unclear whether these events will have a positive or negative effect on the SPY in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50