Asking for thoughts on market after record-setting day and Fed meeting gains.
Nicole
Kevin Henkes
Market seeing 'revenge of the 493' - equal weight rally while Magnificent 7 names struggle. Broadcom earnings weighing on Nasdaq futures specifically.
Asking about Fed comments from Austan Goolsbee and takeaways.
Nicole
Kevin Henkes
Goolsbee dissented on rate cut due to insufficient data from government shutdown. Both Goolsbee and Anna Paulson agree rates will be lower next year despite different concerns.
Questioning likelihood of fast rate cuts, suggesting maybe one in first half of year.
Nicole
Kevin Henkes
Key data next week (nonfarm payrolls, CPI, retail sales) could change expectations for January or March rate cuts.
Asking about Trump AI executive order details.
Nicole
Kevin Henkes
Trump administration wants single AI regulatory framework instead of 1000 different state laws, aiming to remove barriers to American AI leadership.