Market chaos and travel nightmares might seem unrelated, but they both reveal deeper systemic issues and opportunities.
How do travel disruptions reflect broader economic vulnerabilities? What historical parallels can we draw to understand current market trends?
In this episode, Ryan Detrick, Chief Market Strategist at Carson Group & Sonu Varghese, VP, Global Macro Strategist at Carson Group, discuss their recent travel challenges due to the massive IT outage, inflation data, and bullish market indicators. They also touch on the impact of President Biden stepping down from the elections, as well as consumer and industrial strength.
Ryan and Sonu discuss:
- How a major IT upgrade by CrowdStrike disrupted the world on Friday
- The implications of President Biden stepping down from the elections and historical parallels with 1968
- Upcoming PCE inflation data and its potential impact on future rate cuts
- Current bull market signals, highlighting significant rallies in the Russell 2000 and S&P 500
- Insights into economic data, inflation trends, and consumer behavior
- And more!
Resources:
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