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Walser: PCE Shows Intact Rate Cutting Cycle, A.I. Monetization Just Beginning
Manage episode 508574642 series 3645668
Rebecca Walser says there's "nothing in the data" from Friday's PCE suggesting that Fed Chair Jerome Powell needs to lean more dovish but adds that interest rate cuts are still on the table for the rest of the year. However, she highlights headwinds ahead for the FOMC as economic uncertainty persists. As for the A.I. narrative, Rebecca talks about how monetization is just starting to take shape and how investors need to stay alert to constant changes in the A.I. trade.
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7802 episodes
Manage episode 508574642 series 3645668
Rebecca Walser says there's "nothing in the data" from Friday's PCE suggesting that Fed Chair Jerome Powell needs to lean more dovish but adds that interest rate cuts are still on the table for the rest of the year. However, she highlights headwinds ahead for the FOMC as economic uncertainty persists. As for the A.I. narrative, Rebecca talks about how monetization is just starting to take shape and how investors need to stay alert to constant changes in the A.I. trade.
======== 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
7802 episodes
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