AAP Podcast #30 – March Jobs and PMI Data, Fed Policy, AI headlines, and Easter Candy

On this week’s podcast, AAP’s Chris Versace and Street Smart’s Todd Campbell waded deep into the sea of March economic data, sharing their thoughts on what it means for the economy and monetary policy. They also discussed recent comments from AAP team member Doug Kass about the rangebound market and ones from Helene Meisler for a potentially challenging time for tech stocks in the very near term. That moved into a conversation about how they are approaching the market between now and the start of the March quarter earnings season.

From there, the conversation morphed into a review of Nvidia’s (NVDA) strong stock performance as it touted AI, and that led to a discussion on March search engine market share data. What was most interesting in that data was what it showed for Microsoft’s (MSFT) AI-enhanced Bing search engine vs. Google's (GOOGL).

The two also touched on recent Competition Authority investigations into Meta Platforms (META), Amazon (AMZN), Microsoft (MSFT), and Google as well as Foxconn’s (HNHPF) warning for the June quarter. Closing out the podcast both Chris and Todd share what they will be focusing on next week amid the fallout of the March Employment Report, March CPI and PPI data, and the March Retail Sales report. The two also share their go-to Easter candy.