Bruce: No AI Bubble Yet, Fed Needs to Get it Right on Rates
Schwab Network · Schwab Network
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Show Notes
Tom Bruce says things could get bad quickly if the Fed doesn’t get its rate cut path right. He expects a 25 basis point cut tomorrow and anticipates further cuts down the line, but acknowledges their difficult position. He thinks we could be at the “beginning” of an AI bubble but is a “believer” in the technology. He also covers the current state of inflation.
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