2 Question Tuesday – 07/23/2024 – Will Tighter Export Restrictions Have Long-Lasting Effects On The Chip Industry? What Happens Now That Biden Has Dropped Out Of The Presidential Race?

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

  1. Will tighter export restrictions have long-lasting effects on the chip industry?
  2. What happens now that Biden has dropped out of the presidential race?

Phil, Mike, and Larry discuss last week’s sell-off in global chip stocks after reports that the Biden administration is considering tighter export restrictions on chips being sent to China. They then talk about what will happen to the election and the markets now that President Biden has dropped out of the presidential race.

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.

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

Focused Wealth Management • Fiduciary financial advisors serving Orange County, New York