Rep. Michael Waltz of Florida has stated that Congress is in ongoing discussions about subpoenaing FBI Director Christopher Wray. He expressed concerns regarding the Biden-Harris administration's handling of the escalating conflict in the Middle East as well as insights from a congressional report on the Secret Service.
Negative
The ongoing discussions about subpoenaing Christopher Wray could create further political uncertainty or tensions within the government. If this leads to significant public or market-related news, it may negatively impact investor sentiment, particularly in sectors sensitive to political developments.
Capitalist Pig hedge fund manager Jonathan Hoenig weighs in on market rallies, his concern for everyday Americans amid inflation, and his stock pick.
Oct 11, 2024, 12:25 PM
JPMorgan Chase & Co. chief Jamie Dimon on Friday sounded the alarm about "critical risks" to the U.S. economy in the bank's third quarter earnings report.
Slatestone Wealth Chief Market Strategist Kenny Polcari discusses the market rallying following the inflation report, Jamie Dimon's warning of geopolitical risks, and how he fared during Hurricane Milton.