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Nelson: Markets are Hinging on AI Trade
Manage episode 486880402 series 3645668
David Nelson reacts to Jamie Dimon’s remarks around the dollar, agreeing that “we could lose” our place as the world’s reserve currency. “As the deficit widens,” Treasury buyers will demand higher yields, he says. “What we’re really riding on [for markets] is the AI trade,” he argues. His stock picks include Huntington Ingalls (HII), TJX Companies (TJX), and the UTES ETF.
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5107 episodes
Manage episode 486880402 series 3645668
David Nelson reacts to Jamie Dimon’s remarks around the dollar, agreeing that “we could lose” our place as the world’s reserve currency. “As the deficit widens,” Treasury buyers will demand higher yields, he says. “What we’re really riding on [for markets] is the AI trade,” he argues. His stock picks include Huntington Ingalls (HII), TJX Companies (TJX), and the UTES ETF.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – https://twitter.com/schwabnetwork
Follow us on Facebook – https://www.facebook.com/schwabnetwork
Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/
About Schwab Network - https://schwabnetwork.com/about
5107 episodes
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