Implication of Nvidia’s Earnings Report on Technology Stocks | David Darst in an Interview with Bloomberg Asharq

• The S&P 500 index includes 65 technology stocks, of which only 10 have risen since Nvidia reported its high earnings.

• At The Family Office, we advise investors to reduce volatility in their portfolios and focus on investing in private equity, private credit, and real estate.

• Three factors contribute to market volatility:

  • Expectations about whether and when the Federal Reserve (the “Fed”) will cut interest rates.

  • Economic growth, which is the most important factor this year.

  • Politics, in light of the upcoming US presidential elections in November, with the Republican National Convention in July and the Democratic National Convention in August.

• A debate between current President Joe Biden and former President Donald Trump will be held in June and September, but it is unlikely to cause any volatility. We are more likely to witness volatility due to political factors after Labor Day on September 2^nd.

• The current situation seems favorable: volatility is low, the economic situation is good, inflation is under control, and interest rates may decrease this year.

Watch the full interview above.