The world’s political and business leaders met up in the Swiss resort of Davos, Switzerland recently. This 54th annual Davos confab occurs against a complex geopolitical backdrop. It is beset by war, tectonic shifts in monetarypolicy, climate change, and comes early in an uncertain U.S. Presidential election year.
Our Chief Equity Strategist and Economist, John Blank, is here to comment on that now.
1. John is this another year where no news was made there?
2. One key event there was the Financial Services Governors meeting. Could they even come up with ways to navigate this complex geopolitical environment?
3. So, this meant nothing to the markets, is that correct?
4. Something that may have market impact is the Q4 2023 earnings season. What key takeaways are you looking for that might have an effect on stock trading?
5. How important will earnings of the Magnificent Seven be to market leadership this year?
6. Do you see Big Tech fueling a meaningful stock market rally?
7. Is the timing of rate cuts still a main market focus, though?
8. What’s the biggest risk to the U.S. stock market now?
9. What about global markets?
10. Strong Buy stocks you’re watching include NVIDIA NVDA, Taiwan Semi TSM and Novo Nordisk NVO.
Our Chief Equity Strategist and Economist, John Blank, on earnings and the markets. With John, I’m Terry Ruffolo.
Zacks Names #1 Semiconductor Stock
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With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.
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NVIDIA Corporation (NVDA) : Free Stock Analysis Report
Taiwan Semiconductor Manufacturing Company Ltd. (TSM) : Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
