FOMC Between "Rock and Hard Place," TSLA Tech "Disruptive" to A.I. Outlook
Schwab Network · Schwab Network
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Show Notes
Immediately following the release of the FOMC meeting minutes from July, David Stryzewski talks about the Fed's current position as one between a "rock and a hard place." He says Fed members have to weigh whether to cut rates faster and risk higher inflation, or cut slower and risk hits to the labor and housing markets. David still expects 100bps in interest rate cuts by the end of 2025. On stock insights, he sees Tesla's (TSLA) expected A.I. and robotics technology to be industry "game changers." However, current valuations will challenge stock growth.
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