HomeMarketsU.S. Economy & JobsFighting Stubbornly High Inflation & A.I. Chaos

Fighting Stubbornly High Inflation & A.I. Chaos

Much of the work lowering inflation is done amid the most aggressive series of interest rate increases in four decades, it has fallen to 3.2% from 9.1%, notes James Locke. He discusses the Fed's fight against stubbornly high inflation. He talks about how we will probably see rates lowered by mid next year if for no other reason than to prevent real rates from becoming unnecessarily restrictive; or they lower rates because of a stock market crash. He previews Nvidia's (NVDA) earnings which will be reported on Wednesday. He goes over the age of A.I. adoption and A.I. chaos. He also highlights some stocks to watch including Tyson Foods (TSN). Tune in to find out more about the stock market today.

The Watch List

22 Aug 2023

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