Interest Rate Cut Chances Spike, NVDA Shows "No One" Safe from Sell-Offs
Schwab Network · Schwab Network
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Show Notes
It's been quite a trading week for the stock market. Kevin Hincks recaps it all and looks to market action ahead, starting with the ramp higher in December interest rate cut chances. He points to commentary from one Fed governor hinting toward FOMC action. Kevin also makes the case that "no one" is safe from global sell-offs following Thursday's sharp down action in Nvidia (NVDA). In Bitcoin's steep selling, Kevin tells investors to take the moves with a grain of salt, saying the cryptocurrency is disconnected from stocks and the U.S. economy.
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