Is Jerome Powell Lucky or Good? — ft. Robert Armstrong
Description
Scott and Ed open the show by discussing Qualcomm’s potential acquisition of Intel, Nike’s new CEO, and Microsoft’s deal with Constellation to re-open Three Mile Island. Then Robert Armstrong, US financial commentator for the Financial Times, joins the show to discuss the Fed’s interest rate decision. He explains why he wasn’t surprised about the Fed’s 50 basis point cut and why he thinks the Fed’s optimistic view on inflation is justified. Finally, he breaks down Intel’s fall from grace and gives his perspective on Trump and Harris’ economic plans.
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