Jerome Powell stated that inflation still remains too high. Will there be another misguided interest rate hike? Are there reasons to be optimistic on the stock market today? Paul Schatz says that there should be a bottom this quarter that should lead to a rally above 2023 highs. Will there be another A.I. frenzy? Schatz also weighs in on Nvidia (NVDA) mania and a possible new IPO market.
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28 Aug 2023
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