Wall Street shrugged off shutdown worries as the S&P 500 and Nasdaq notched fresh record highs — powered by tech and Nvidia’s unrelenting AI momentum. But under the surface, questions linger about how sustainable the AI trade really is. Fabien Yip, Market Analyst at IG, discusses what the Fed’s divided minutes reveal about the rate-cut path ahead, how a weakening yen and stronger U.S. dollar are shaping global capital flows, and why investors are watching China’s growth divergence and Japan’s carry trade risks closely.
Produced/Presented: Ryan Huang
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Breakfast with Ryan Huang, Emaad Akhtar and Audrey Siek