About this episode
MRKT Matrix - Wednesday, May 13th
S&P 500 hits another record driven by tech alone as most stocks decline on the day (CNBC)
Wholesale inflation jumps 6% in April on annual basis, biggest increase since 2022 (CNBC)
Wall Street Is Getting More Anxious About Long-Term Inflation (WSJ)
Treasury Buyers Get 5% Long Bond for First Time Since 2007 (Bloomberg)
Kevin Warsh Is Confirmed as Fed Chair in 54–45 Senate Vote (WSJ)
What Trump and Xi Want to Achieve at Their High-Stakes Summit (WSJ)
Alibaba jumps as it strikes bullish tone on AI investments, even as profit plunges (CNBC)
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