Will the U.S. Default? & Nvidia Grows by $200B!

Nate Crosby |

Check out our video recording on YouTube

In this episode we discuss the recent discussion around the debt ceiling and why it matters, also why it doesn't matter. We discuss the implications of default and what it means for the long term of the U.S. Sovereign Debt. What would have to happen for the U.S. to get the debt problem under control and will that ever happen...

We end the podcast discussing recent earnings from Nvidia, a designer of high-power processing GPUs that are used in many areas including AI. They proved wall street analysts wrong by raising revenue guidance by $5B next quarter. The stock moved over $200B in market cap on the news. Is that a justified move?

We hope you enjoy this episode of the podcast!



NASDAQ Earnings: https://twitter.com/KeithMcCullough/status/1662022317021560832


Please note: This content is not a direct recommendation for investment. Investing involves risk including the potential loss of principal. Not all investments are suitable for all people. Crosby Advisory Group, LLC is a registered investment advisor in Ohio, Florida, and Texas.