Federal Reserve Chairman Jerome Powell’s words sent stocks sharply lower in the opening hours of the trading day. So on today’s podcast, Matt dissects Powell and the Fed – and their poor management of our economic situation. Matt believes the central bank has pushed the U.S. economy to the edge of a cliff. And he fears we’re awfully close to falling over.
But it’s not all bad. A chart formation that has only occurred 12 other times since World War II suggests that the S&P 500 Index is in for a strong 2023. And finally, Matt takes some time to answer viewers’ questions. This is a Fed-focused episode you won’t want to miss.
#federalreserve #inflation #investing
00:00 Jerome Powell’s Latest Remarks
6:13 Market reaction to Fed’s plan
10:05 iShares US Aerospace & Defense ETF and Industrial select sector index
11:37 Sea Limited (SE)
16:00 Rumble (RUM)
19:05 AST Spacemobile (ASTS)
22:35 Innovation and Technological Advancements
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