Kenny Polcari on August Volatility, Big Tech Comeback & Fed Balancing Act
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Kenny Polcari recaps key market moves over recent weeks to explain how earnings reinforce market strength for Big Tech and beyond. However, brace for volatility, as Kenny points out that August tends to be a low volume month that attributes to bigger-than-expected swings. Something else to watch for: "bad news is good news" becoming "bad news is bad news" for the Fed. Kenny explains that while last week's negative jobs print suggests greater likelihood for interest rate cuts, it will come back to bite if trends continue. That said, he tells investors to stay in AI names, making the case that the trade is far from over. ======== 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://w
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