Debt Ceiling Drama: Will the Market Break Through or Break Down? AI, Politics, and the Future of Finance | Money Moves

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4.4 • 716 Ratings

🗓️ 24 May 2023

⏱️ 49 minutes

🔗️ Recording | iTunes | RSS

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Summary

Join us as we dive into the current state of the market and the ongoing debate over raising the debt ceiling. We discuss the potential economic consequences, political maneuvering, and the role of artificial intelligence in shaping the future of finance. Don't miss this insightful episode!

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Transcript

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0:00.0	The nice thing is the debt ceiling is going to be raised.
0:04.0	There's just going to be some concessions made on both sides in order to get that done.
0:09.0	And they're going to push it up pretty close to the wire, it seems like, before they get that done.
0:14.0	I don't really see any other headwinds though in front of us after the debt ceiling gets raised
0:19.0	unless something that is not accumulated right now comes to fruition and rears its ugly head.
0:30.1	What's going on, guys? Welcome into today's show of Money Moves. As always, your host, Maddie A, my co-host, Mr. Ryan Bredwell.
0:39.3	We cover all things, stocks, real estate, investing, and personal finance to help you
0:44.4	on your journey to that million dollar milestone and beyond.
0:48.7	Readwell, what it do?
0:50.9	What is up, buddy?
0:53.9	You know what's so crazy is we're doing, we are doing this one virtually, but we're
0:58.8	mere 1.8 miles away.
1:02.7	I know we're really close. I'm heading to the airport to head out to Vegas here.
1:08.0	You're doing what I did last week. You're getting a little quick trip. I had to go to Texas.
1:11.5	I'm going to be, uh, it's, I'll be home for dinner tonight. So we'll just say that. But I'm going to
1:17.8	be touring a new hotel out there that I've been negotiating on off market. And it's getting a little
1:24.3	hot and heavy. So I'm looking at a pretty, this is a distressed opportunity
1:29.6	with an operator, the property's in relatively good shape that the operator is burnt out. And they've got,
1:36.6	this is a perfect example of commercial real estate loans come and do and they don't have a good
1:41.9	option to refy. Therefore, they just got to cash in the chips and get
1:46.9	out of it and they are up against the clock. They waited a little too long, didn't necessarily
1:51.9	take into account how long it was going to take to, you know, go through the process of
	...

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