Peter Tuchman, Senior Floor Trader at TradeMas, joins Remy Blaire at the New York Stock Exchange to discuss the current state of the markets as we approach the August 1st tariff pause deadline. Industrials have surprisingly surged 15% year-to-date, outpacing the S&P 500’s gains. The pair break down the recent developments surrounding the Federal Reserve, including Trump’s decision to back off from firing Fed Chair Jerome Powell, and the implications of Nvidia’s resumed sales of a key AI chip to China following negotiations with the White House.
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