Market Movers: Technology and Industrials Insights

In this episode of InFocus, TriCert Financial Group CEO Mike Gassewitz and TriCert Investment Counsel Portfolio Manager Dave Gill, CFA®, MBA, discuss the performance of the Industrials and Technology sectors.

Dave highlights strong earnings despite a subdued economic backdrop. As Dave remains optimistic about Apple's fundamentals, they delve into the company's recent performance and Warren Buffett's decision to reduce Berkshire Hathaway's stake in it.

They also discuss the impact of macroeconomic indicators on industrials. Looking ahead, Dave identifies artificial intelligence as a key tailwind for the tech sector and accommodative monetary policy as a potential support for industrials. The episode wraps up with insights into how interest rate decisions may impact equity markets.

Recorded on August 29, 2024

 

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