2 Question Tuesday – 04/30/2024 – What’s Going On With Tech Earnings And What’s Going On In The Economy?

Welcome to 2 Question Tuesday. This week’s client submitted questions were:

  1. What’s going on with tech earnings?
  2. What’s going on in the economy?

Phil and Mike discuss what’s going on in the tech sector after Meta posts a huge drop in its stock price after saying it’s going to spend more on A.I. and similar news from Alphabet and Microsoft sparks a Nasdaq rally. They then talk about what’s going in the economy after GDP came in slower than expected, posting the smallest increase in two years, and the Fed’s preferred gauge of inflation came in higher than forecast.

Submit your questions to question@2questiontuesday.com

As always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.

Host Lawrence Carrel’s books available available at Amazon.com