MAJOR UPDATE | Debt Ceiling, Interest Rate Shocker, Our NVIDIA Decision

#stockmarket #nvidia #jeromepowell The debt ceiling and the interest rate decision have kept the stock market reluctant to break out for a while now. It seems we finally may be getting some solid direction. On this episode of Bag Talk, we give an update on the debt ceiling decision and what it could mean for the economy going forward. We also give an update on the expectations for the next FOMC meeting. The stock market may be in for a big shock. We then give an update on Nvidia and what we decided to do with the stock after their earnings. This episode is jampacked with information and we look forward to hearing your comments below! Links mentioned: ✅ https://www.fool.com/investing/2023/05/11/fed-rate-hike-pause-stock-market-will-do-this-next/ ✅ https://finance.yahoo.com/amphtml/news/biden-and-mccarthy-have-a-debt-ceiling-deal-heres-whats-in-it-123629857.html ✅ https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html ✅ https://finance.yahoo.com/news/pce-inflation-higher-expected-april-154957785.html ✅ https://www.macrotrends.net/stocks/charts/NVDA/nvidia/pe-ratio#:~:text=The%20price%20to%20earnings%20ratio,May%2026%2C%202023%20is%20177.84 OUR SOCIAL MEDIA: 📸 IG: @Thebagtalkshow https://www.instagram.com/thebagtalkshow/ 📍TikTok: @Bagtalkshow https://www.tiktok.com/@bagtalkshow? 🎙 Spotify Podcast: @The Bag Talk Show https://open.spotify.com/show/5Ef9SJ1PIlPiCwOoD2xwTa 🎤 Apple Podcast: @The Bag Talk Show https://podcasts.apple.com/us/podcast/the-bag-talk-show/id1602918575 📧 Email: [email protected] FREE REFERRALS: ✅ Cryptocurrency Ledger: https://shop.ledger.com/?r=58dab74e2317 💳 Get 100,000 Credit Card Points with THIS American Express Card: https://www.americanexpress.com/en-us/credit-cards/referral/prospect/personal/HNUTz5eE?CORID=H~N~U~T~z~5~e~E-1672699188723-605552723&GENCODE=349992964982694&extlink=US-MGM-DEFAULT-copypaste-137-201279-K3QA%3A9950&xl=cp01 💳 Earn $200 cash back with Chase Freedom Unlimited or Chase Freedom Flex credit card. https://www.referyourchasecard.com/18a/2241KPRSIA 💳 Become a Discover Cardmember and get a $50 Statement Credit with your 1st purchase within 3 months: https://refer.discover.com/s/itsmytime13?advocate.partner_share_id=1591090248 💰 Get your FREE $5 from Acorns today https://share.acorns.com/zones/friend_landing_experience_microsite?extole_share_channel=mobile&extole_shareable_code=hnuthaper&cro-test=true FREE DOWNLOADS: 🏡 Download the FREE Real Estate Calculator: https://successful-founder-7703.ck.page/realestate 💵 Download the FREE Monthly Budget Template: https://successful-founder-7703.ck.page/61d2ff5977 📈Download the FREE Stock Market 101 E-Book: https://successful-founder-7703.ck.page/8f6ac68025 ✅ Download the FREE Crypto 101 E-Book: https://successful-founder-7703.ck.page/6ccf8c41de DISCLAIMER: THIS EPISODE IS INTENDED TO PROVIDE OUR GENERAL BUSINESS OPINIONS. NOTHING IN THIS EPISODE IS INTENDED TO SERVE AS LEGAL OR FINANCIAL ADVICE. BE SURE TO DO YOUR OWN RESEARCH AND CONSULT WITH A 3RD PARTY LICENSED ATTORNEY, CONSULTING FIRM, OR ANY OTHER LEGAL RESOURCES TO UNDERSTAND THE LOCAL RULES AND REGULATIONS THAT MIGHT AFFECT YOUR LOCAL BUSINESS. PLEASE UNDERSTAND THAT WE ARE SHARING OUR OPINIONS AND THOUGHTS WHICH WE HAVE GAINED FROM OUR EXPERIENCES THROUGHOUT THE LAST 5+ YEARS. WE CANNOT GUARANTEE YOUR SUCCESS OR ANY RESULT, SO PLEASE DO YOUR OWN DUE DILIGENCE WHEN TAKING OUR OPINIONS. WE VALUE YOU AS OUR COMMUNITY MEMBER AND THIS IS WHY WE BELIEVE BEING TRUE TO YOU AND PROVIDING YOU WITH 100% TRANSPARENCY IS KEY TO US GROWING TOGETHER. ALL RIGHT RESERVED. NO PART OF THIS DOCUMENT MAY BE REPRODUCED, DISTRIBUTED, NOR TRANSMITTED IN ANY FORM OR BY ANY MEANS. THIS INCLUDES PHOTOCOPYING, RECORDING, OR OTHER ELECTRONIC OR MECHANICAL METHODS, WITHOUT THE PRIOR WRITTEN PERMISSION OF THE BAG TALK SHOW LLC