The chapter features a discussion on the recent decision by the Federal Reserve and the expectations for a rate cut. The speakers express their views on the timing and quantity of rate cuts and discuss concerns about inflation. They also mention the impact of the Fed's decision on portfolio strategy and discuss valuations and earnings fundamentals.
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Bloomberg News Managing Editor of Technology and Global Cybersecurity Lynn Doan breaks down Qualcomm delivering a solid earnings forecast, helped by a recovering market for smartphone chips. Frank Sorrentino, Chairman & CEO at ConnectOne Bank, discusses what Fed policy means for banks and small businesses. And we Drive to the Close with Walter Todd, President and CIO at Greenwood Capital.
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