Goldman Sachs The Markets
Markets at midyear: AI & elections in focus
Jun 28, 2024
Bobby Molavi discusses big tech, global elections, and consumer health. They explore economic data's impact on market sentiment, potential rate cuts, July S&P performance, seasonality, AI momentum, elections, and growth concerns.
09:16
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Rate cutting expected due to weakening economy
- Market volatility from elections impacting risk appetites
Deep dives
Market Outlook and Rate Cutting Possibility
There is a debate whether good news is bad or bad news is good regarding the slowing economy, concerning the US and global regions like China. The view is leaning towards rate cutting before year-end due to the weakening economy. The market is currently absorbing softening data without major disruptions, but there's vigilance for signs like unemployment acceleration that might cause nervousness.
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
