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Peloton jack otter welcome to barrons roundtable where we get behind headlines and prepare you for the week ahead. For taking Interest Rates for the tenth consecutive time has banking turmoil continues. Will the jobs report take a generate pause off the table . I will ask greg peters. Some businesses are getting swept up in the culture war. What happens to Company Stocks when they become involved in politics . The answer may surprise you. With the debt limit decision looming how should investors prepare for a possible default . We begin with three things investors ought to be thinking about right now. Stocks rallying on solid jobs data despite it being a down week for the market. New hope for all timers patients after an encouraging drug problem, eli lilly and safety concerns. Will Medicare Coverage it. Americans feel ....
Im melissa lee. Always good to have you, rebecca. And we start off with the sea of red on wall street major indices all down over a percent ahead of tomorrows fed decision investors seeing a more than 80 the central bank will raise rates another quarter percent. The big banks and regional efts hitting their lowest levels since late 2020. Pac west, western alinls, and comare ka down double digits the oih dropping 6 , lowest close since october, as crude tumbled back to the 70 mark investors blocking to the safety of gold. Both the Precious Metals and the miners offering some refuge amid the volatility the banking crisis not solved, the fed set to hike yet again, and a new xdate for the debt ceiling now just weeks away, not months so, theres a lot going on here, guy. Feels like people just want to be riskier not a trifecta you want to win. Bank of america, whisper of its 52week low. Not trading well and dan mentions it all the time ....
May 7th. On Michael Steele standing in for ali velshi. Opening fire into a crowd of people on a Shopping Outlet yesterday afternoon. Through the seven who were injured remained in Critical Condition this morning. The shooting took place at allen premium outlets, a Shopping Center that is more than 140 stores located. I did it is located about 30 miles north. Sounds of bullets sent hundreds of people running for cover and witnesses at the scene described a panic that ensued throughout the area. I see a lot of people running. We are wondering what is happening. As we approach we hear more rounds, so im looking for my daughter. I saw my very fast some approaching the starbucks because my daughter say im already here. Im looking for you. They were already fighting ....