All eyes on Wall Street are turning to the Tuesday meeting between congressional leaders and President Joe Biden, as the American leader echoed a more optimistic view of the ongoing negotiations over the weekend, while House Speaker Kevin McCarthy said significant obstacles still remain.
As investors anxiously await progress on a deal to raise the debt ceiling before 1st June, Gregory Branch, Founder & Managing Partner of the Veritas Financial Group weighs in on the latest trader sentiments, a lookahead to retail earnings for the week and likely oil price movements through the summer.
Presenter: Sean Cheong
This podcast is produced and edited by Yeo Kai Ting (ykaiting@sph.com.sg)