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On the SPOT™ blog (05/19/2023) [W..]

This morning (PST) markets appears to be in the red perhaps because the debt ceiling negotiations seem to have hit a pause button. Regional banks' stocks seem volatile again. There was report that Treasury Secretary told big banks's CEOs that more mergers might be necessary. Federal Reserve Chairman stated that financial crisis management tool seem to have avoided the worst case scenario for regional bank related crisis but the credit conditions might tighten that might result in not needing to raise the interest rates too high to curb inflation. Let's see how the markets finish the week. Significant news that looks like a win for Google/Alphabet (Samsung is NOT switching Google out as its default search-engine).

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