BFM Podcast

Are Markets Trading Higher On FOMO?

Tan KW
Publish date: Fri, 25 Aug 2023, 02:53 PM
Are Markets Trading Higher On FOMO?

25-Aug-23 07:00

Tim Mulholland, President, TJM Limited, Chicago

NVDIA is the only AI game thus far in picks and shovels, so be careful not to paint all tech and AI stocks with the same brush during this period of irrational exuberance. Should investors take profit as the markets need a healthy tactical correction? Or will the magnificent 7 charge on for the 2nd half of the year despite the interest rates expected to remain higher and longer? We speak with Tim Mulholland, President, TJM Limited, Chicago to get some answers.

Image Credit: Shutterstock

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