Closing Bell Overtime: What Rep. Kevin McCarthy’s Ouster Means For Markets 10/3/23

Closing Bell Overtime: What Rep. Kevin McCarthy’s Ouster Means For Markets 10/3/23

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  • Episode
    • 822
  • Published
    • 3. okt. 2023
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Episode
822 of 2000
Længde
1T
Sprog
Engelsk
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Kategori
Økonomi & Business

Stocks tumbled during trading hours today. But the drama continued in Overtime as House Speaker Kevin McCarthy was ousted. Moody’s Analytics Chief Economist Mark Zandi on what it means for credit markets while Strategas’ Dan Clifton breaks down the policy implications. Fundstrat’s Tom Lee and JPMorgan Asset Management’s David Kelly talk the impact on equities. Plus, RBC’s Gerard Cassidy on how to navigate bank stocks in this era of higher rates.

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