Ian King, Bloomberg News US Semiconductor Reporter, discusses Nvidia's bullish sales forecast in the AI market. Josh Green shares insights on fears of 'Trump Forever' affecting the presidential race. Allison Schrager talks about the rising appeal of public sector jobs. Lauren Sanfilippo discusses investment strategies in the current market.
AI computing spending remains strong, driving Nvidia's surge in response to bullish sales forecast.
Public sector jobs are increasingly viewed as the new dream job, according to Bloomberg Opinion Columnist Allison Schrager.
Deep dives
Opportunistic Energy Sector Investment for Wealthy Clients
Advising wealthy clients to be opportunistic in the energy sector, particularly focusing on the balance sheets and valuation of energy companies. The energy transition and attractiveness of commodities in an inflationary environment make it a strategic investment choice.
AI Investment Narrative: Hardware and Software Play
AI presents a compelling narrative for investment in both hardware and software sectors. The profitability and long-term impact of AI revolution make it a core holding despite current valuation levels. Data centers, GPUs, and the broader hardware ecosystem offer promising opportunities for growth.
Utilities Sector: Unconventional Defensive Play
Utilities emerge as an unexpected defensive play showing resilience during market pullbacks. With increasing need for electricity to support data centers and tech infrastructure, utilities present a strategic investment choice with significant upside potential.
Market Positivity Amid Inflation and Geopolitical Risks
Despite concerns around inflation and subdued volatility, optimistic market outlook persists due to ongoing consumer spending, business investments, and robust GDP estimates. While inflation remains a focal point, the diversified market fundamentals provide a positive backdrop for continued growth resilience.
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg News US Semiconductor Reporter Ian King discusses Nvidia, the chipmaker at the center of an artificial intelligence boom, surging on Thursday after a bullish sales forecast showed that AI computing spending remains strong. Bloomberg Businessweek National Correspondent Josh Green shares the details of his Businessweek Magazine story Fears of ‘Trump Forever’ Are Hidden Presidential Race Variable. Bloomberg Opinion Columnist Allison Schrager explains why the new dream job is in the public sector. And we Drive to the Close with Lauren Sanfilippo, Senior Investment Strategist for Merrill and Bank of America Private Bank. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.