Group 1 - The market is currently optimistic about the impact of potential rate cuts by the Fed, with a nearly 100% chance priced in for a 25 basis-point cut at the end of the month, driven by a weak August jobs report [2][5] - Some experts warn that rate cuts could inflate a stock bubble and create new economic challenges, suggesting that the timing of such cuts may not be appropriate given current market conditions [5][6][7] - Concerns are raised that a rate cut could signal underlying issues in the economy, potentially leading to fears of a recession and a subsequent stock market correction [8] Group 2 - Ruchir Sharma, chairman of Rockefeller International, has highlighted the risks of a historic bubble in the stock market, exacerbated by the current "AI mania" and the anticipated easing of monetary policy [6][7] - Sharma argues that recent signs of weakness in the job market are minor and that higher inflation expectations appear to be entrenched, questioning the necessity of rate cuts at this time [7] - The potential for rate cuts to act as "rocket fuel" for already high stock valuations raises concerns about market sustainability and the possibility of a correction [6][8]

too. Yeah. Who are you with. Who are you with.Because you're asking such nice questions. >> Sticking with trade. This morning, our next guest is out with a new piece in the Ft.It's called What the World Got Wrong About Tariffs. Joining us this morning, Rockefeller chairman Ruchir Sharma. Ruchir good to have you back.Good morning. >> Thanks. >> Good to be here.>> Your piece is great. You talk about what people thought was going to happen with the dollar. You talk about what people thought was going to happen ...