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The Contrarian Case to Hold Interest Rates, A.I.'s "Double Edged Sword"

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Manage episode 502806874 series 3645668
Content provided by Schwab Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Schwab Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Peter Andersen argues that the Fed needs to ignore "enormous" pressure to cut interest rates. He explains that more economic data has to hit the wire before the FOMC issues a green light to cut. On A.I., Peter calls the technology a "double-edged sword" which offers upsides to efficiency, but adds that it will also be used by "bad actors." However, Peter notes it will help cybersecurity companies like Palo Alto Networks (PANW).

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7476 episodes

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Manage episode 502806874 series 3645668
Content provided by Schwab Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Schwab Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Peter Andersen argues that the Fed needs to ignore "enormous" pressure to cut interest rates. He explains that more economic data has to hit the wire before the FOMC issues a green light to cut. On A.I., Peter calls the technology a "double-edged sword" which offers upsides to efficiency, but adds that it will also be used by "bad actors." However, Peter notes it will help cybersecurity companies like Palo Alto Networks (PANW).

======== Schwab Network ========

Empowering every investor and trader, every market day.

Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe

Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185

Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7

Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch

Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore

Watch on DistroTV - https://www.distro.tv/live/schwab-network/

Follow us on X – https://twitter.com/schwabnetwork

Follow us on Facebook – https://www.facebook.com/schwabnetwork

Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/

About Schwab Network - https://schwabnetwork.com/about

  continue reading

7476 episodes

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