HomeMarketsU.S. Economy & JobsImpact of a High-Rate Environment on the Tech Sector

Impact of a High-Rate Environment on the Tech Sector

Growth in several areas is slowing, notes Daniel Newman. He discusses takeaways from Jerome Powell’s press conference. He talks about how inflation numbers really don’t’ tell the whole story. He highlights that keeping rates high could create an even bigger supply constraint. He then goes over the impact of a high-rate environment on the tech sector. He also looks at how A.I. will impact the tech sector labor market. Tune in to find out more about the stock market today.

Market On Close

01 May 2024

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