AI Investment Boom, Fed Rate Cuts, and the Next Metals Play

Senior Market Strategist John Caruso unpacks Q4 macro trends driving markets — from resilient U.S. growth fueled by AI data center spending to a Fed poised for more rate cuts. He breaks down why inflation remains sticky near 3%, how the labor market is showing early cracks, and what the K-shaped economy means for investors. John also covers his outlook on equities heading into year-end, gold’s pullback amid strong central-bank demand, and why copper may be the next major accumulation trade as electrification and infrastructure expansion collide with tight global supply.