Fed Cuts 50bps (and Wall Street goes insane.)
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- Опубліковано 20 вер 2024
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In this episode, the Federal Reserve cuts interest rates by 0.5%, marking its largest reduction since the financial crisis. We’ll break down how this decision impacts the stock market, the economy, and potential future rate cuts, as the Fed balances inflation concerns with slowing job growth.
Also in this episode:
🏒 Rogers acquires Bell’s stake in MLSE for C$4.7 billion, boosting its control over major sports teams like the Maple Leafs and Raptors.
💰 Wealthsimple celebrates its 10th anniversary by announcing profitability, with growing revenue and plans for new financial products.
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Is it investors or automated rapid trading programs.
Thanks for the update!
Thank you, big dog. RESPECT ❤
SRU.UN and MREL, BEP.UN and CPX...I have been waiting for rate cuts for a while now...
Thanks Marc. Appreciate these reports.
You bet Jason. Hope you're well.
Do you know if the US debt level has any impact with the us equity market? Would it cause a chaos?
I thought the market was logical...;)
bulls and bears tug of war
Who told you that!!!??? 😆
It all fix by big player
@@beaviswealth you
@mark it took you this long to realize the stock market has no clue what it's doing? Warren Buffett has been saying that for decades
😂😂. I'm a slow learner
@@beaviswealth better late than never! Knowledge compounds
Glad I'm learning before it's too late.....
Craziness. Thanks Marc for the updates.
I think there are "investors" that use AI to trade...
It's just knee jerk reactions and day trading. It's not a huge cut, they are getting ahead of the cooling economy.
Canada has been cutting way too slow, you will what the fallout of that will be here. Canadian economy is already done, majority jobs added were govt and gdp due to govt spending. US will once again fare much better.
LOL
And the futures are now (8:30 PM ET) right back up significantly. Stay tuned. Lol.
Hey!!! Haven't seen you around for a while. Hope you're well.
Ya... it's been very cool lately... every time you look away and then back at the screen, there's a story. Let's see what tomorrow brings, just for fun. 👍
Dude now is the time to panic.
Brandon you can retire now! 😂
Mac is killin’ it.
What!!!!???? Don't tell him that!!! LOL
Jesus. i dont use the lords in vain, but Marc is on fire. he makes me have to pause on the video just to understand what he's saying. Thank You Marc. Great knowledge!!
Brendon... I hope your family is growing well!! i miss you buddy, but take your time needed