I’d like to thank Brian Scheid of S&P Global Market Intelligence for quoting me in today’s article titled Magnificent 7 stocks stumble, boosting peak views.
What do you think – was it the Fed, missed earnings, or AI spending that sent these stocks down?
https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/magnificent-7-stocks-stumble-boosting-peak-views-82765994
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Overview: The Federal Reserve concluded its October meeting and as expected, lowered the fed funds rate by 25bp (.25%). The market celebrated…until Chairman Powell said that the Fed hadn’t...
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