The Market’s Wonderwall with Stuart Sopp, Co-Founder and CEO of Current
August 16, 2024
Guy Adami, Danny Moses, and Dan Nathan are joined by Stuart Sopp, co-founder & CEO of Current. The discussion covers a wide range of topics, including the resilience of the consumer market, the Federal Reserve's impending decisions on interest rates, and the impact of AI on business efficiency. Sopp provides insights into the financial health of Current's customer base, noting significant growth metrics despite broader economic challenges. The conversation also delves into the effects of inflation, the role of technology in economic adjustments, and the future of debt and liquidity in financial markets. Additionally, there's a focus on specific stock performances, market behaviors, and predictions for various economic sectors including a brief discussion on the gambling space.
Timecodes
0:00 - Intro
2:40 - State of the Consumer
16:25 - Macro Environment
25:45 - Pickers Market
30:05 - Employment Concerns
34:45 - What's Driving Markets?