Stocks (^IXIC, ^DJI, ^GSPC) close the day in the green as the start to Donald Trump's second term as President of the United States is off and running. Timothy Chubb, Girard Advisory Services Executive VP & chief investment officer joined Julie Hyman and Josh Lipton on Market Domination to discuss his market outlook under Trump. "US exceptionalism and ultimately growth in the United States is expected to be quite a bit higher than the rest of the global economy," says Chubb when discussing what to expect from markets this year.
Nvidia (NVDA) and other chip stocks jumped on Wednesday following Trump’s announcement of a massive $500 billion AI infrastructure project. When asked about investing in AI, Chubb says "We're still in the very early innings of AI adoption. And in fact, I think 2025 may be a really key year."
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This post was written by Conor Hickey.