It's Not a Bubble if it Doesn't Pop

It’s Not a Bubble if it Doesn’t Pop

In this episode; In their October meeting the Fed decided to cut interest rates by 25 basis points, surprising no one. What was not expected were the negative comments made by Chairman Powell in the Fed’s presser. Those comments have sent the market into a short slide, despite the rate cut. Earnings reports have begun to come in from several big tech companies. Those reports are very strong with AI driving record investment and ROI for all the major tech players. Which, begs the current question du jour: when will the AI bubble burst? The answer might be that it won’t.

And, please, head over to shepeherdwm.com to see Shepherd Wealth Management’s new website!

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