All right, thanks so much. Welcome to Closing Bell. I'm Scott Wopner. This make-o-break hour begins with stocks still searching for some stability in all eyes as usual on interest rates.

NVIDIA shining bright in today's market. Does the company solid outlook mean the tech

trade still has more room to run we're going to ask a top money manager that

critical question today we do begin though with our talk of the tape why

Jamie Diamond is not breaking out his

recession playbook just yet even though he does say there's some quote

scary stuff out there so what does that mean for where your money is heading in

the trading days ahead.

Let's ask Cameron Dawson, the chief investment officer of New Edge Wealth, here with me at

post nine. Welcome, it's good to see you again.

Good to see you. Good to see you.

I want to start with diamond economy is good now.

Yeah, there's a lot of uncertainty. He did talk

about inflation taking a while to come down and he was asked by Jim whether that

meant higher for longer. He said yeah. Still said though, chance for a soft landing. What do you make of what Mr Diamond has said?

Well I think this reflects what we're seeing within the data today which is that we're not falling

off a cliff. We're not seeing this imminent slowdown, imminent recession,

meaning that a recession in the first half

does seem off the table.

But that scary stuff in the future

may mean that we could look to late 23

or even into 24 to see an actual slowdown.

...