Truth or Skepticism
Update: 2025-09-03
Description
Tom and Dylan discuss recent meetings between leaders of Russia, China, and India, debating whether this alliance poses a legitimate threat to U.S. economic dominance. Dylan expresses concern about potential economic retaliation against the U.S., while Tom remains more skeptical.
The duo examines the upcoming Federal Reserve rate cut, with Sosnoff predicting stocks may react negatively despite the expected reduction. He notes that while short-term rates might be cut, long-term rates could remain flat, potentially signaling ongoing inflation concerns.
They also address the Google-Apple deal and tech monopolies' growing influence. Ratigan argues quantum computing and AI advancements will ultimately benefit society despite concerns about security vulnerabilities, maintaining that technological progress has historically improved lives rather than degraded them.
The duo examines the upcoming Federal Reserve rate cut, with Sosnoff predicting stocks may react negatively despite the expected reduction. He notes that while short-term rates might be cut, long-term rates could remain flat, potentially signaling ongoing inflation concerns.
They also address the Google-Apple deal and tech monopolies' growing influence. Ratigan argues quantum computing and AI advancements will ultimately benefit society despite concerns about security vulnerabilities, maintaining that technological progress has historically improved lives rather than degraded them.
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