The last hike to the Fed's interest rate hiking cycle was in May. It would be more typical anyway to see that sort of pause, that length of pause. With so much money on the sidelines, I caution the market is up what 70% for the year.
Bloomberg News US Semiconductor & Networking Reporter Ian King explains how Nvidia, the world’s most valuable chipmaker, forecast sales that blew past analysts estimates, showing how booming demand for artificial intelligence processors has the potential to reshape the sector. Morgan Paxhia, Co-Founder of Poseidon Investment Management, discusses investing in cannabis through an ETF. Chuck Runyon, CEO at Anytime Fitness, talks about seeing increased global demand for health and wellness. And We Drive to the Close with Lauren Sanfilippo, Senior Investment Strategy Analyst for the Chief Investment Office at Bank of America Corporation.
Hosts: Carol Massar and Matt Miller. Producer: Paul Brennan.
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