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    Home » Ignore the election, fear the short-term AI trade: Mike Wilson

    Ignore the election, fear the short-term AI trade: Mike Wilson

    webmasterBy webmasterJuly 24, 2024 News 2 Mins Read
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    US Equities (^GSPC, ^DJI, ^IXIC) are still trading at record heights despite uncertainty from geopolitical conflicts and the presidential election between former President Donald Trump and Vice President Kamala Harris. Tech giants like Nvidia (NVDA) and Amazon (AMZN) continue to lead while small-cap stocks have also been on a tear as investors position for a potential interest rate cut by the Federal Reserve later this year. But are we near peak excitement for stocks as numerous risks mount?

    Yahoo Finance Executive Editor Brian Sozzi is joined by Morgan Stanley chief investment officer Mike Wilson for Opening Bid to discuss the potential pullback in stocks as nervousness grows around the presidential election. They both give insight into the trading season for the summer and what investors can expect heading into the fall.

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    Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

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    #2024election #ai #yahoofinance

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