Podknife - Wall Street’s Great Rotation by The Big Take

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Wall Street’s Great Rotation

Podcast |: The Big Take
Publisher |: Bloomberg,; iHeartPodcasts
Media Type |: audio
Podknife tags |: Business,; News & Politics
Categories Via RSS |: News
Publication Date |: Jul 26, 2024
Episode Duration |: 00:16:09

For most of this year, US markets were hitting fresh highs and investors were giddy about the potential of AI to make the world’s biggest tech companies even more profitable. Then, the picture changed. Welcome to the Great Rotation.

On today’s Big Take podcast, host Sarah Holder speaks to Bloomberg cross-asset reporter Isabelle Lee about what’s behind the investor move from the Magnificent Seven tech firms into smaller companies — and what role, if any, recent US political turmoil is playing in investors’ expectations about the rest of the year.

See omnystudio.com/listener for privacy information.

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