Macro: It’s all about elections and keeping status quo
Markets are driven by election optimism, overshadowing growing debt and liquidity concerns. The 2024 elections loom large, but economic fundamentals and debt issues warrant cautious investment.
Head of Saxo Strats
Summary: Shares in the US-based graphics technology company rose by as much as 9-3% yesterday before closing with a still-decent 5% gain. But will the market reflect Nvidia's own confidence in its prospects and send the share back to its highs in Friday's session?
Nvidia weekly share price the past five years: