Wall Street Unplugged - Your Best Source For Finance, Investing & Economics
You’d be crazy to count on a rate cut
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:50:58
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Sinopsis
My family and I are back from our Thanksgiving vacation in the Dominican Republic. We had a fantastic time—except for the travel. Prepare for a rant on budget airlines… why I’ll never fly Spirit again… and a tangent about how the Department of Justice fights every merger (including the Spirit/JetBlue deal). The markets are on a four-week winning streak as economic data shows inflation is easing and investors are looking ahead to interest rate cuts next year. I explain why it’s crazy to expect a cut anytime soon… how the Fed is actually undermining its own fight against inflation… and why the market is still incredibly dangerous. I also highlight the three factors investors should look for to spot companies poised to survive—and thrive—in the crazy environment ahead. Speaking of which, I just recommended a small-cap stock in Curzio Venture Opportunities that checks all three boxes. It’s fallen about 25% recently because of two risks that no longer exist… and insiders are buying it hand over fist.