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Business Rundown: An AI Bull Market, Discount-Hunting Consumers, & How The Fed Is "Tempting Fate"

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Manage episode 426600129 series 1763136
Content provided by FOX News Radio. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by FOX News Radio or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

This year’s bull market is pushing major indices to record highs, leaving Wall Street to debate if the trend can continue through the end of 2024. The robust performance may be a bit more complicated when looking at which stocks are really propping up the majors.

And the great pivot for the inflation-pinched consumer is underway in the retail space. Tech giant Amazon is now planning its own new discount service to take on Temu and Shein, which have dominated the budget e-commerce space.

FOX Business Correspondent Kelly O’Grady speaks with Bankrate Senior Economic Analyst Mark Hamrick about all this and whether or not Americans will pay the price for the Federal Reserve’s “overly cautious” fight against inflation.

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

3546 episodes

Artwork
iconShare
 
Manage episode 426600129 series 1763136
Content provided by FOX News Radio. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by FOX News Radio or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

This year’s bull market is pushing major indices to record highs, leaving Wall Street to debate if the trend can continue through the end of 2024. The robust performance may be a bit more complicated when looking at which stocks are really propping up the majors.

And the great pivot for the inflation-pinched consumer is underway in the retail space. Tech giant Amazon is now planning its own new discount service to take on Temu and Shein, which have dominated the budget e-commerce space.

FOX Business Correspondent Kelly O’Grady speaks with Bankrate Senior Economic Analyst Mark Hamrick about all this and whether or not Americans will pay the price for the Federal Reserve’s “overly cautious” fight against inflation.

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

3546 episodes

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