In this episode of the CIO Weekly Investment Outlook podcast, Dirk Steffen, Global Chief Investment Strategist and CIO EMEA talks about earnings with a focus on the Magnificent Seven and highlights that investments related to AI have shown to be validated across several earnings seasons.
At the same time, the first U.S. jobs report for 2024 showed that significantly more new jobs were created in January than expected. Dirk said that “the bond market has started to price this in and the likelihood of an early cut in March is now almost negligible."
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