The chapter discusses the opinions on the recent actions of the Federal Reserve, including their belief that rates should have been raised earlier. They also analyze the performance of the S&P 500 and different stock categories. Speculations on future interest rates and tech industry growth are explored, along with recommendations for diversification. Insights from conversations with money managers and global economic uncertainty are shared as well.
Mark Smucker, CEO of JM Smucker, shares his thoughts on consumer's concerns about the US economy. Dan Morgan, Senior Portfolio Manager at Synovus Trust, breaks down Micron Technology earnings. Anjee Solanki, National Director of US Retail at Colliers, talks about the impact of consumer data on retail real estate. And we Drive to the Close with Jimmy Lee, CEO at Wealth Consulting Group.
Hosts: Carol Massar and Matt Miller. Producer: Paul Brennan.
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