The Fed is behind the curve, strategist warns
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- Опубліковано 9 вер 2024
- US Equities (^GSPC, ^DJI, ^IXIC) are moving higher on Thursday afternoon, digesting softer-than-expected US jobless claims, with chip giant Nvidia (NVDA) leading a tech sector rebound. The Wealth Alliance President and Managing Director Eric Diton joins Market Domination to give insight into the movements in the market and what investors need to know moving forward.
Diton begins by discussing the Federal Reserve's role in how the market is playing out: "Jay Powell wants a 2% inflation. Careful what you wish for. When you want 2% inflation and you raise rates 11 times, the economy is going to slow and at some point, you're going to have to pivot. So we saw at the end of last week a number of really weak numbers; PMI manufacturing, down 4 to 5 months in a row, down 20 out of 21. And PMI services services, 76% of consumption, turned negative into contraction." "I really believe Jay Powell should have cut last week. He didn't and I think the markets are starting to get very comfortable with what could be a 50-basis-point cut in September. The Fed is behind the curve."
He continues with: "We just had 2.8% GDP. The economy looks pretty strong. We're 4.3% unemployment. That's a that's a very reasonable solid number. But let's remember, it's almost one percentage point higher from where we were not long ago, so the trends are what are spooking the market and the Fed needs to act."
He offers this to his clients in terms of investments in the current environment: "You're going to want to own small-cap stocks. Understand that in the last three years... the Russell 2000 (^RUT) has a negative annual return. Everyone thinks it's a rip roaring bull market, negative annual return. Whenever we've had subpar returns from small caps the next three years, they're up 99% of the time with an average return of 16.7% per year. And they're trading at 15 times earnings."
#news #youtube #stocks
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As an investing enthusiast, I often wonder how top level investors are able to become millionaires of investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or diversify ?
While the market is promising, expert guidance is essential for effective portfolio management.
I agree, despite having no prior investing knowledge, I started investing before the pandemic and pulled in a profit of approximately 950k that same year. In reality, all I was doing was getting professional advice.
how can I participate in this? I sincerely aspire to establish a secure financial future and I am eager to participate. who is the driving force behind your success?
I'd say a little due diligence on "Dianne Sarah Olson" truly exceptional.
thank you for this tip. it was easy to find your coach. did my due diligence on her before emailing her. she seems proficient considering her résumé..
Thanks for the advice! Got NVDA18X, feeling bullish! 🚀
Much better than all those shits altcoin with no utilities
very promising
When the world knows this, we already x50 🚀
NVDA will atleast beat LINK
I am also NVDA Holders 🚀
Bought NVDA18X after watching your video, super excited! 💰
really good project
It will soon all over the news
Same here! Exciting times ahead! 🚀
Can anyone explain NVDA?
Why everyone is talking about NVDA?
Market is down still, I've been looking up strategies and apparently both bull and bear market condition provides equal avenue to accrue massive gains, and a news article particularly mentioned a 54 year old that made $180k in 5weeks, how do I learn these strategies, my portfolio has been stagnant for months.
Yes, I've been in constant touch with a Financial Analyst for approximately 8 months. You know, these days it's really easy to buy into trending stocks, but the task is determining when to sell or keep. That's where my manager comes in, to help me with entry and exit points in the industries I'm engaged in. Can’t say I regret it, I’m 40% up in profits just in 5months with my initial capital of $160k
@@ElvisMarshall-xo2lw This actually isn't the first time i am getting this suggestions. Mind if I ask you to recommend this particular coach you using their service?
@@RichieAnnabel Well,I dont know if you are confortable trying finacial advisors recommended on comment sections but anyway, Svetlana Sarkisian Chowdhury is the licensed advisor I use and im just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment
It was easy to find Svetlana Sarkisian Chowdhury . Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé. Thanks for the tip
Having an advisor is the wisest thing to do in this present market time.
My investment portfolios are Bitcoin, ETH and NVDA18X
Excited about NVDA too! It’s great seeing our investments grow together. Let's keep it up! 🚀
NVDA's journey will be exciting!
Looking forward to NVDA's growth!
Totally agree! NVDA has huge potential. Can't wait! 🚀
NVDA is a solid investment!
Thanks for the insights! Bought NVDA18X, predicting big returns! 📈
I know nothing about trading but after watching this vedio , i really want to try it and learn about it
Way ahead of you, dude. I'm like 70% small caps these days
How does Powell still have this job despite repeated mistakes??🙄
Learn how to read and analyze price charts to recognize market trends; this will help you make better decisions.
Thanks for sharing FET and NVDA18X. 💯
delusional perma bull
Coinbase, OKX and Binance will list NVDA18X very soon. We do not have much time left
Thanks for sharing! Bought NVDA18X, expecting 10x returns! 🚀 Coinbase, Bybit, Binance to list soon.
No point for fed to cut in sep, should start to cut in 2025
Are they always? Inflation is in transition!
We actually need to raise rates
Most likely you have right.
Hey, could you add timelime to your videos? So i can find what i want to listen to easier, like CLSK earnings.