Best and Worst Sectors This Quarter, Backlash Against A.I., and February PCE  03/31/23 episode artwork

EPISODE · Mar 31, 2023 · 44 MIN

Best and Worst Sectors This Quarter, Backlash Against A.I., and February PCE 03/31/23

from Morning Call · host CNBC

As the markets' wrap up the first quarter of the year, two sectors are moving in opposite directions, with tech bouncing back and financials falling. Laffer Tengler Investments' Nancy Tengler and Piper Sandler's Stephen Scouten weigh in on how to trade the moves. Plus, Elon Musk and Apple co-founder Steve Wozniak are among tech leaders calling for a six month pause in the development of new A.I. technology due to the potential danger to society. GlobalData's Cyrus Mewawalla gives his opinion on the matter. And, one key data point front and center this morning will be February PCE, the Fed's preferred read on inflation. Chantico Global's Gina Sanchez and Evans May Wealth's Elizabeth Evans break down what the results may mean for the markets. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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