[Reuters] Biden says Republican debt ceiling offer ‘unacceptable,’ to talk with McCarthy [AP] Biden: GOP must move off ‘extreme’ positions, no [...]

Thanks to All Our Clients! The MWM team members would like to express our gratitude to the clients who joined us this past Thursday for the Q1 2023 MAPS client [...]

  [Reuters] White House, Republicans make no progress on debt ceiling [Axios] Debt ceiling deadlock centers on 2024 spending levels [Yahoo/Bloomberg] US [...]

“Growing Debt Ceiling Deal Hopes Send Stocks Higher.” The S&P500 gained 1.6% this week, pushing the index to a nine-month high. The Nasdaq100’s 3.5% [...]

[Yahoo/Bloomberg] DAX Nears Record as Wall Street Rally Bubbles Over: Markets Wrap [Yahoo/Bloomberg] China’s Yuan Jumps After Central Bank Vows to Curb [...]

[Yahoo/Bloomberg] Rally Spreads to Europe as US Debt Optimism Builds: Markets Wrap [Reuters] PacWest, Western Alliance lead rebound in US regional lenders [...]

[Yahoo/Bloomberg] Hopes for Debt Breakthrough Lift US Equities: Markets Wrap [Yahoo/Bloomberg] Western Alliance Deposit Growth Drives Regional Bank Stocks Up [...]

[Yahoo/Bloomberg] Havens Gain as US Debt Stalemate Sidelines Traders: Markets Wrap [Reuters] Dollar hovers shy of five-week top, pound swings after jobs data [...]

[Yahoo/Bloomberg] Stocks Gain With Rebound Pinned to Debt-Cap Talks: Markets Wrap [Reuters] Dollar slips from 5-week high; Turkish lira drops [Reuters] Oil [...]

[Reuters] Biden says US debt ceiling talks are moving along [Yahoo/Bloomberg] Bond Traders Laser-Focused on Washington as Debt-Cap Risks Grow [Yahoo/Bloomberg] [...]

Into the Storm After another week of data, news, and market moves, the bottom line for markets and the economy is unchanged. In HAI’s view, markets and the [...]

[Reuters] At G7, a warning about economic outlook as US debt crisis looms [Yahoo/Bloomberg] G-7 Finance Chiefs Boost Ukraine Aid, Propose Supply Chain Plan [...]