Victoria Fernandez, chief market strategist at Crossmark Global Investments, suggests that the US economy is showing signs of weakness. She discusses the recent trend in the market, including the unexpected sell-off of Nvidia's stock despite the company reporting better-than-expected earnings. This indicates potential investor concerns and the fragility of the current economic outlook.
Given the current data suggesting a weakening economy, and the mixed reactions in stock performance, caution is advised. Nvidia's recent drop despite strong earnings may signal broader market concerns about valuations amid economic uncertainty.
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Oct 9, 2024, 12:23 PM
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