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Podcast: MRKT Matrix
Episode: Investors Shake off Moody’s Downgrade
Description: MRKT Matrix - Monday, May 19th
S&P 500 is flat as investors shake off Moody's downgrade (CNBC)
Mortgage rates cross back over 7% after U.S. credit downgrade (CNBC)
Ray Dalio says the risk to U.S. Treasurys is even greater than what Moody’s is saying (CNBC)
BlackRock’s Rick Rieder says this is the ‘sweet spot’ in bonds right now (CNBC)
Morgan Stanley’s Wilson Says Buy US Stock Dips After Moody’s Cut (Bloomberg)
Fed Officials Signal Rates Likely to Stay on Hold Until at Least September (Bloomberg)
Trump Tax Bill Advances After GOP Deal for Faster Medic...