September Cut Incoming, Meta Shares Surge, and Second Trump Presidency 8/1/24

Mark Zandi from Moody's Analytics discusses the Federal Reserve's likely September rate cut. Melissa Otto and Sarah Kunst analyze Meta's impressive 22% revenue growth and its significance in the tech sector. Krishna Guha explores the economic implications of a potential second Trump presidency, highlighting how political scenarios could affect monetary policy and overall stability. The conversation also touches on investor optimism in the stock market amid fluctuating interest rates.