AI mania and gold fever
Tech stocks are back on the rise in the latest AI euphoria. We look at why. And Phil asks NAB’s Rodrigo why we’re seeing highs for gold and copper as well.
NAB Morning Call · NAB - The Morning Call
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Show Notes
Tuesday 21st May 2024
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There’s an absence of solid data. Maybe that’s why equity markets have reverted to AI-hype, ahead of NVIDIA earnings later in the week. There’s also been significant gains in the price of silver, gold and copper. Phil talks to NAB’s Rodrigo Catril about why precious metals are doing so well. None of this distracts from the commentary from central banks, with more from the UK and US tonight, as well as the minutes of the last RBA meeting locally. And the first fo the week’s significant CPI prints – first off, Canada.
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