VivoPower Rises on Distribution Deal
Wall Street Breakfast
Seeking Alpha
4.1 • 1K Ratings
🗓️ 17 May 2023
⏱️ 10 minutes
🧾️ Download transcript
Summary
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Seeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.
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Transcript
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| 0:00.0 | Welcome to Seeking Alpha's Wall Street breakfast, where we cover the top news for investors every morning. |
| 0:07.0 | Good morning. Today is Wednesday, May 17th, and I'm your host Julie Morgan. |
| 0:12.0 | A meeting on the debt ceiling. |
| 0:14.3 | No deal but House Speaker Kevin McCarthy |
| 0:16.5 | said it is possible a deal could happen by the end of the week. |
| 0:20.6 | Today is stock of the week Wednesday. We're not talking about a specific stock but a sector, real estate. |
| 0:27.0 | The same way that a Treasury bond mechanically declines in price when interest rates go up. The value of real estate |
| 0:34.2 | holdings mechanically decline when interest rates go up. We're hearing from |
| 0:38.7 | Eric Basmagian. He's the investing group leader of EPB macro research on Seeking Alpha. |
| 0:45.0 | A Tesla meeting. |
| 0:47.0 | Elon Musk talks about a rough economy, advertising, and new models. |
| 0:52.0 | As we get into the show today, remember you... rising and new models. |
| 0:53.0 | As we get into the show today, remember you can always find links to all the stories we talk |
| 0:57.3 | about in show notes and our daily Seeking Alpha Wall Street Breakfast Articles. |
| 1:03.7 | Our top story. |
| 1:05.4 | President Biden plans to cut short a trip to Asia this week to oversee debt ceiling talks |
| 1:10.1 | with Republicans. |
| 1:11.8 | Following a meeting with the but added that Republicans and Democrats are still far apart. |
| 1:24.0 | The President will travel to Japan today for the G7 meeting, |
| 1:27.6 | but will head back to Washington, D.C. on Sunday, |
| 1:30.7 | instead of his planned visits to Papua New Guinea and Australia. |
| 1:35.2 | The change in plans underscores the urgency in reaching a resolution on the federal debt |
... |
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