Digesting Fed and Eco Data and The Latest on Biden-Trump
Bloomberg Surveillance
Market Outlook and Economic Analysis
The chapter delves into the market's positive outlook driven by solid economy and double-digit EPS growth, particularly in large cap tech and growth companies. Discussions touch on NASDAQ valuations, big cap versus small cap stocks, Federal Reserve's interest rate stance, inflation rates, rate cut expectations, and the impact of economic data on equity markets. The chapter also briefly mentions unexpected changes in college athletics landscape.
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