Wall Street Unplugged - Your Best Source For Finance, Investing & Economics

I was in New York City over the weekend visiting my 80 year old father-in-law. While I enjoyed bagels, pizza, and attending a St. John’s basketball game. I couldn’t be happier to be home and out of the northeast weather. Turning to markets, I break down this week's CPI (consumer pricing index) report and explain why, despite the hot inflation reading… stocks moved higher. I share a lot of data on why investors must be careful on what they wish for when it comes to the Fed cutting rates. Another trend getting mainstream attention is the massive amount of layoffs at big tech companies, despite record profits and record-high stock prices. The reason is simple… and I’ve been telling you it was coming since January… AI is taking jobs. I break down the ultimate winner in AI right now and why this is just the beginning of this life changing trend.  Every company in every industry will leverage AI because it’s the holy grail for businesses.  I’m so excited about the opportunity ahead in AI that I'm holding a live eve