The Dow's Win Streak vs. Historic Weakness, Playing Beaten-Down Tech, and the Ackman Rate Debate 5/25/22
Carl Quintanilla, David Faber and Mike Santoli discussed how investors should view market volatility with the Dow in the midst of a three-day winning streak and mega-cap tech seeing valuations slashed. They also explored growth worries versus inflation fears, as well as Wall Street's recession debate. Jefferies analyst Brent Thill joined the discussion about how investors should play the beaten-down tech sector. Also in focus: Billionaire investor Bill Ackman's tweet storm about short-term interest rates and stocks, Apple and China COVID lockdowns, retail earnings winners and losers, Nelson Peltz's Trian explores taking over Wendy's, and the battle for ExxonMobil one year later -- as the company kicks off its annual shareholder meeting.
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