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BBCNEWS Talking Business June 4, 2024 05:49:00

High interest rates, geopolitical tensions. how did you do it? it s great to be here. so thank you so much. well, i think that when we look at the performance of the nasdaq index, i think you have to have focus on this technology, which is, of course, why we re here at consumer electronics show. so the wave of technology, the next generation of technology and its potential to change every industry, i think is really what the investors were getting excited about as they went through the year. there are a lot of challenges in the world and i would say that right now we re dealing with a lot of a lot of global that right now we re dealing with a lot of, a lot of global complexity, a lot of economic complexity. but there is also this great promise out there with technology. and i think that s really what you re seeing with the index performance. given the economic complexities you just referred to. what is the outlook for 202a? we would describe it as cautiously optimistic and i would say ....

Consumer Electronics Show , Interest Rates , Nasdaq Index , Index Performance ,

BBCNEWS World Business Report June 4, 2024 04:47:00

Concern i this time around? i think the concern i have this time around? i think the concern i have about - this time around? i think the concern i have about this - concern i have about this particular rally, particularly in the nasdaq, which is up over 20% on the year to date, is the narrow direct in the market. by that, i mean it s a very small cohort of companies that have driven the rally in the nasdaq and the s and p. without the tech sector, down 3%, so that sector is distorting the picture when it comes to stock markets. ., , picture when it comes to stock markets. . , . markets. thanks very much, michael- markets. thanks very much, michael. and markets. thanks very much, michael. and you markets. thanks very much, michael. and you know - markets. thanks very much, | michael. and you know what, this is a super geeky, but kind of interesting on the narrowness of the markets. i just wanted to let you know some data. there is a strong correlation that s been found betwee ....

The S And P Without Tech Sector , Stock Markets , Michael Hewson , Super Geeky , Index Performance , Lpl Financial ,