FOMC Decision Looms, NVDA Faces More Chinese Scrutiny
Description
Kevin Green says technically the markets are still doing a "phenomenal job" hitting higher highs but the FOMC decision - especially its Summary of Economic Projections - will be key for future performance. KG says the addition of Stephen Miran to the Fed governors could add another dissenting voice to the central bank which will add another layer to Chairman Jerome Powell's messaging to the public. Later, KG addresses reports that China's internet regulator has ordered companies to stop purchases of Nvidia (NVDA) chips.
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