The economy is holding on for now due to the U.S. consumer. However, these consumers have put on over $180B of new credit card debt last year. Credit card interest rates are at a record high of 21%. Kevin Mahn does not think that the Federal Reserve should continue hiking rates. Does the Fed Dot Plot chart indicate that they will be cutting next year? Moreover, the Nasdaq-100 is up around 30% this year and is at decade highs. Mahn also weighs in on investing in the A.I. boom. Which stocks are best positioned for A.I. growth?
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