Debt Limit Deadlock, Regional Banking Reckoning, and Commodities’ Bull Market Super-Cycle 05/09/23

President Biden is set to hold a face-to-face meeting today with top congressional leaders to break the current debt limit deadlock. Strategas Research Partners’ Dan Clifton weighs in on the situation. Plus, the latest report from the Federal Reserve suggests the recent regional banking turmoil may lead to a greater economic downturn than expected. Piper Sandler’s Stephen Scouten discusses the impact. And, many strategists say there’s plenty of upside for commodities in the coming months. Wells Fargo Investment Institute’s John LaForge explains the bull market super-cycle.

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