Jun 28, 2023
(6/28/23) The latest threat to the chip industry is a proposed Biden Administration trade sanction against Chine--restricting sales of AI-related chips from companies like NVDIA. Washington remains concerned about the impact of artificial intelligence; Chip stocks may be under pressure today as a result. As we move into the final days of the month (and the Quarter), markets yesterday got a nice, 1% bounce, as expected. The moves reversed the corrective action in the markets. Surprisingly, Volatility remains extremely low, demonstrating the correlation between volatility and Fed rate hikes and the lag rate thereof. Keep a watch on the VIX and the propensity to spike from these low levels.
Hosted by RIA Advisors Chief Investment Strategist, Lance
Roberts, CIO
Produced by Brent Clanton
--------
Get more info & commentary:
https://realinvestmentadvice.com/insights/real-investment-daily/
-------
Watch the video version of this report by subscribing to our new
"Before the Bell" YouTube channel:
https://www.youtube.com/watch?v=VwG1fzY5p5s&list=PLwNgo56zE4RA3snVQyugvOF5TwZ1Xu7bm&index=1
-------
Visit our Site: https://www.realinvestmentadvice.com
Contact Us: 1-855-RIA-PLAN
--------
Subscribe to SimpleVisor:
https://www.simplevisor.com/register-new
--------
Connect with us on social:
https://twitter.com/RealInvAdvice
https://twitter.com/LanceRoberts
https://www.facebook.com/RealInvestmentAdvice/
https://www.linkedin.com/in/realinvestmentadvice/
#InvestingAdvice #China #TradeSanctions #ChipStocks #NVDIA #AI
#VolatilityIndex #VIX #Inflation #FederalReserve
#QuarterEndRebalancing #Money #Investing