Ghabour: Economy Will Accelerate, Semis to Lead, XLY Notable Risk-Reward
Schwab Network · Schwab Network
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Show Notes
Eddie Ghabour doesn't consider Moody's U.S. credit downgrade "meaningful at all," instead posing the argument that the U.S. economy will only accelerate. He says elevated inflation and steady yields will be the "new normal" for consumers, though he doesn't see that as a weakness. Eddie sees the consumer discretionary sector as one with significant risk-reward, adding that semiconductors like Nvidia (NVDA) will lead the next market uptrend.
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