The markets rose Thursday despite Nvidia falling after its outlook failed to inspire after a massive rally. Anthony Saglimbene, chief market strategist at Ameriprise Financial says that’s likely because Nvidia doesn’t have as big an influence as originally thought. Investors will now be looking at less homogenous trading in big tech, and more focus on where the payoff is for AI. He speaks on “Bloomberg Technology.”
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@joodahmad
August 29, 2024 at 6:08 pm
If the Fed wanted to lower inflation then they have to address the root cause. And the root cause is the outrageous price of gasoline and diesel which causes everything to increase in price. The oil companies and refineries are gouging, period. The government needs to make an example of one oil company, national it, the other oil companies will crap their pants and lower the fuel cost instantly. If the oil companies don’t lower their prices then the government just orders their newly nationalized oil company to compete against the other oil companies. I don’t think this will happen because the government is in big oils back pocket. And the government wants inflation high to deal with the 31 trillion in debt. if you are losing in the current dip or you look forward to start the best way to go is trading with the guidance of an expert. Sharon Teater has been one step ahead of other analysis, with his strategy I was able to accumulate 15.03 Btc lately.
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