(This is a summary of the key money transfer discussion on CNBC’s “Worldwide Exchange,” exclusive to PRO subscribers. Worldwide Exchange airs daily at 5 a.m. ET.) Today, we talk about elections, interest rates, and earnings. The impact on the market was discussed. Bullish views on emerging markets and insights on artificial intelligence companies were also discussed. Worldwide Exchange Word of the Day: Countdown Franklin Templeton’s Katrina Dudley believes election uncertainty is the main factor that could end the market’s six-week winning streak. “There’s no clear winner here, and that’s what’s creating the volatility. It’s the volatility that’s really driving the market right now, and those concerns are reflected in the stock prices,” Dudley said.・Exchange”. He added that regardless of the winner, the Federal Reserve and government spending will be important factors for both stock and bond investors. “This rate cut cycle is going to be shorter than the market is expecting, and it’s going to be shallower than the market is expecting,” Dudley said. “We think we need to start thinking about the fiscal deficit and what it means for the economy and the bond market.” Pegasystems in the spotlight Pegasystems’ stock price has soared more than 8% since the start of the week following the results. It’s rising. In addition to that, the AI decision-making and workflow automation software company counts Wells Fargo, Verizon, and T-Mobile among its customers. It was also named a top AI candidate by Citi this month. CEO Alan Trefler appeared on “Worldwide Exchange” and spoke about the future outlook for the business. “We’ve positioned ourselves in a very pragmatic and practical way,” Trefler said. “We’ve implemented a new feature called ‘Blueprint’ that will enable our customers to use AI to actually reimagine their business operations.” “We’re taking what we’ve been doing for 40 years to automate workflows and get business and IT teams to actually collaborate and execute workflows together on a common AI-powered canvas.” he added. Regions Bank’s Alan McKnight is bullish on emerging markets, citing their outperformance since the September Fed rate cut, but says China is a key factor. Ta. “We think it’s going to be a volatile situation, similar to the US. If you look at the next few months, if you look at growth in some markets outside of China, you look at India, you look at Brazil. “Maybe China is not the world’s leading driver of emerging market performance,” McKnight said on “Worldwide Exchange.” ”[But] After all, it’s still an 800-pound gorilla. “We need to see the stimulus take hold and we need to see the Chinese government continue to invest in the economy,” he added.
