12min chapter

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The Fed’s Rate Cut Calculus & Betting Olympic Odds 07/12/24

Squawk Pod

CHAPTER

Market Performance, Biden's Press Conference, UAW Meeting

The chapter covers the market performance with tech stocks affecting the Nasdaq, the rise of the Russell 2000, and discussions on potential stock overvaluation. It also delves into President Biden's press conference at the NATO summit, detailing positive and critical reactions from allies and critics. Additionally, it highlights the UAW meeting to reconsider their endorsement of Biden, analyzing the impact on his campaign and his relationships amidst various criticisms.

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