TL;DR
- Failure to reach agreement on the U.S. government debt ceiling could mean a default on Treasury bonds – but don’t hold your breath
- AI regulation is set to become a much more important topic, with OpenAI founder Sam Altman one of many testifying before congress on the topic
- For investors, there are many ways to profit from AI advances, including investing the hardware needed to run the sophisticated algorithms
- Top weekly and monthly trades
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Major events that could affect your portfolio
We’ve started to hear a lot more about the debt ceiling over recent weeks. Lawmakers can’t seem to agree on getting it raised, in a game of chicken as both sides of the aisle jostle for some extra ground. Agreement needs to be reached by June 1st, or else the U.S. government risks running out of cash to pay federal workers, keep national parks open and potentially even default on U.S. Treasury bonds.
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