A discussion with the head of Global Investment Strategy at Wells Fargo Investment Institute about their preference for US equities, focusing on large caps in sectors like industrials, materials, healthcare, and energy. The conversation delves into their cautious approach towards technology and communication sectors, interest in artificial intelligence, skepticism towards popular tech stocks, and the Federal Reserve's perspective on the current rate environment.
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
Bloomberg News Auto Reporter Keith Naughton shares his insight on EV makers targeting a $25,000 car for US drivers. Bloomberg News Power and Renewable Energy Editor Will Wade discusses Bill Gates saying he’s ready to put billions into nuclear power. Businessweek Technology Editor Joshua Brustein provides the details of the Businessweek story Google DeepMind Shifts From Research Lab to AI Product Factory. Frances Donald, Global Chief Economist for Manulife Investment Management, breaks down the total magnitude of the Fed cutting cycle. Sue Duke, VP of Global Policy at LinkedIn, talks about Gen Zers transitioning into green jobs but lacking the right skills. And we Drive to the Close with Paul Christopher, Head of Global Investment Strategy at Wells Fargo Investment Institute.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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