The chapter delves into the current trading session, discussing the equity rally, Fed Governor Waller's comments, and Torsten Slok's perspective on Fed rate cuts. It explores market risk, AI's impact on NVIDIA's earnings, and the Fed's potential rate cuts, emphasizing portfolio management and sector-specific risks like utilities and financials.
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
Apollo Management Chief Economist Torsten Slok explains why he thinks the Fed will not cut interest rates this year. Bloomberg News Equality Team Reporters Jeff Green and Simone Foxman share how corporate-speak about diversity is getting an update. Bloomberg News National Desk Reporter Nacha Cattan discusses Darien, CT becoming a mini-Greenwich as demand for space in areas closer to where people live, and away from urban cores, becomes more popular. And we Drive to the Close with David Harden, CIO of Summit Global Investments.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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