Is the AI boat returning to shore?
@pekss:
With an all-important FOMC meeting coming up on 31 Oct - 1Nov, I expect more volatility in the market in the coming days. While most investors are expecting an end to the rate hike cycle, as rising treasury and corporate bond yields are doing much of the heavy lifting for the Fed in reining in mega expansions and investments, some are bracing for another rate increase before the end of this year as geopolitical tensions in the Middle East have led to renewed worries over rising fuel prices re-heating up otherwise cooling inflation. Nevertheless, the on-going geopolitical conflicts appear to be giving a lift to $Palantir Technologies Inc.(PLTR)$ , as it has reported growing orders from the defence industry. I’m c