2 Question Tuesday – 05/28/2024 – What Do Nvidia’s Earnings Say About The Tech Sector & What Does The Fed’s “Higher-For-Longer” Mean For The Market?

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

  1. What do Nvidia’s earnings say about the tech sector?
  2. What does the Fed’s “higher-for-longer” mean for the market?

Phil, Mike, and Larry discuss Nvidia’s stellar earnings, the subsequent market rally, and what this means for the tech sector going forward. They then talk about the Federal Reserve and it’s governors repeatedly telling the market the Fed plans to keep interest rates higher for longer with the possibility of a rate hike, and how this will affect the stock market for the rest of the year.

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