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The Fed’s Monthly Meeting, Avoiding a U.S. Debt Default, and Uber Earnings on Tap 05/02/23

The Fed kicks off its two-day policy meeting today, where a tenth interest rate increase is expected. Goldman Sachs Asset Management’s Ashish Shah breaks down his expectations. Plus, President Biden has reportedly called for an emergency meeting at the White House to discuss how to avert a U.S. debt default. Raymond James’ Ed Mills discusses the latest. And, Uber reports earnings this morning as the ridesharing company continues to outperform rival Lyft. D.A. Davidson’s Tom White explains which stock he prefers.

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Summary

The Fed kicks off its two-day policy meeting today, where a tenth interest rate increase is expected. Goldman Sachs Asset Management’s Ashish Shah breaks down his expectations. Plus, President Biden has reportedly called for an emergency meeting at the White House to discuss how to avert a U.S. debt default. Raymond James’ Ed Mills discusses the latest. And, Uber reports earnings this morning as the ridesharing company continues to outperform rival Lyft. D.A. Davidson’s Tom White explains which stock he prefers.

First published

05/02/2023

Genres

business investing

Duration

44 minutes

Parent Podcast

Worldwide Exchange

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Episode Description

The Fed kicks off its two-day policy meeting today, where a tenth interest rate increase is expected. Goldman Sachs Asset Management’s Ashish Shah breaks down his expectations. Plus, President Biden has reportedly called for an emergency meeting at the White House to discuss how to avert a U.S. debt default. Raymond James’ Ed Mills discusses the latest. And, Uber reports earnings this morning as the ridesharing company continues to outperform rival Lyft. D.A. Davidson’s Tom White explains which stock he prefers.

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