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"Under the Hood" A.I. Plays to Power Trade, Hard Data Shows Resiliency
Manage episode 495334110 series 3645668
When it comes to the divergence between soft and hard data, Mike Horwath says the hard data is winning the fight. He points to Thursday's retail sales print as a signal for a strong consumer overcoming inflation woes. Mike's firm remains overweight on A.I. stocks and urges investors to check out "under the hood" companies that support Mega Cap names. On the FOMC, he argues that "if the Fed doesn't need to cut, they don't have to cut," as long as the U.S. economy stays strong.
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6964 episodes
Manage episode 495334110 series 3645668
When it comes to the divergence between soft and hard data, Mike Horwath says the hard data is winning the fight. He points to Thursday's retail sales print as a signal for a strong consumer overcoming inflation woes. Mike's firm remains overweight on A.I. stocks and urges investors to check out "under the hood" companies that support Mega Cap names. On the FOMC, he argues that "if the Fed doesn't need to cut, they don't have to cut," as long as the U.S. economy stays strong.
======== 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
6964 episodes
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