TCW87: Why are CEOs cashing out now?
Description
With Soph soaking up the sun in Croatia, the lovely Sheenagh takes the co-host seat for this episode, bringing her sharp financial insights and charm...
Why are some of the world’s biggest CEOs - like those at Nvidia, Dell, and even Berkshire Hathaway’s top dogs - selling off massive chunks of stock? Today, we dig into the reasons behind these surprising moves and what it could mean for the future of the market. Spoiler: it’s got investors raising eyebrows. We're also looking at the rise of AI in the finance world. Imagine an investment fund powered by ChatGPT, designed to replicate Warren Buffett’s legendary portfolio - sounds wild, right? But it’s happening, and it’s shaking up how we think about investing. Meanwhile, over in China, a new 'stimulus package' is kicking things into gear with lower interest rates and a $30 billion stock-buying spree, which has luxury brands like Tesla and Apple quietly celebrating. Plus, down under in Australia, Coles and Woolworths have been busted for dodgy discounts, and it’s all thanks to the humble Caramello Koala.
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