Market-Based Notes Flashcards
1
Q
Why does the stock market rise on future expectations to lower interest rates?
A
2
Q
What is the federal funds rate and why is it important?
A
3
Q
What is a SPAC? How are they used?
A
4
Q
How do you see AI and things like chatGPT impacting the investment banking sector?
A
ChatGPT cannot create relationships. It may automate some of the more menial tasks - taking notes during calls, maybe AI for building models. But there will still need to be someone making decisions and creating relationships.
