walk investors through the final trading hour of Thursday, June 20. They cover the top trending stocks and market movements ahead of the closing bell.We are giving you the ultimate investing playbook to help tune out the noise and make the right moves for your money.Get you up to speed one hour before the closing bell rings on Wall Street.We track 37 central banks, 20 of them are already cutting rates.Probably at some point this year, we're 90 days away from the September fed meeting.
What's also interesting today, um, is what we're seeing in some of the large cap tech stocks which earlier had been climbing.In fact, seeing some selling elsewhere in chips Broadcom, for example, also pulling back after we had been seeing a gain recently um in some of those large cap tech stocks.Today, we've got energy is the big winner along with oil prices, climbing utilities also doing pretty well.It's gonna be a big one so there could be some volatility going into that.
And then of course, renters on the course side, look, it's the reality that there's a certain cohort of large companies that have net cash balance sheets. So, you know, talk us through sort of the implications of what you're saying, Julie, it's great to be with you as well and you, you make a really astute point which is, you know, mathematically if the top income uh cohorts account for the majority and the lion share of spending if that second track starts to degrade or slow down, can that actually move the overall averages?So Morgan Stanley, from a firm perspective is still in the soft landing camp,...
Um You essentially don't want to fight uh some of the earnings power, some of the momentum in these areas. So I'll answer the second part first, which is, you know, we had thought the path of, uh, disinflation would be lumpy in the first half of this year.Uh It had some issues that uh certainly we thought were more one off and look as per the last two months of data.And so we do think the path of resuming uh disinflation uh is getting there and look importantly, as you know, the Fed has explicitly said we're not going to wait to kind of stick the 2% landing exactly before we start cutting.
Recently reported said, hey, revenue from its A I servers growing strongly super micro as we talked about this week, uh recently announcing plans to expand facilities to, to bolster uh it's A I business, everybody isn't on the party today.
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