Joe McCann, author at Seeking Alpha, discusses Amazon's partnership with Berkshire Hathaway and JPMorgan Chase to launch a new private healthcare company.
McCann weighs in on what the new company means for the future of the healthcare industry. We talk about how certain healthcare stocks took a hit right after the announcement. If this new company is successful, it could influence government policy in the future.
With the Fed likely set to leave rates unchanged, lower and middle income Americans will continue dealing with higher credit card interest and expenses.
Markets soared in May after Nvidia’s Q1 success, but concerns over slowing consumer spending, especially among middle—and lower-income groups, loom large.