Jobs data increases the likelihood that the Fed will cut twice this year, PNC's Gus Faucher

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  • Опубліковано 14 лип 2024
  • Gus Faucher, chief economist at PNC, joins 'Power Lunch' to offer his jobs report reaction and expected Fed outlook. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/42d859g
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КОМЕНТАРІ • 21

  • @MelindaMatsuda
    @MelindaMatsuda 8 днів тому +59

    I think it's important to stick to stocks that are immune to economic policies. AI stocks that have the potential to power and transform future technologies. It seems AI is the trajectory most companies are taking, including even established FAANG companies. Maybe there are other recommendations?

    • @ShellyHuerta
      @ShellyHuerta 8 днів тому

      I bought into NVIDIA around September last year because my financial advisor recommended it to me. She said the company is selling shovels in a gold rush. It accounted for almost 80% of my market return this year.

    • @elegboozioma7267
      @elegboozioma7267 8 днів тому

      @@ShellyHuerta That's a great analogy and I love the insight. Professionals could make a really big difference in investing, and I think everyone should have one. There are aspects of market trends that are difficult for the untrained eyes to see.

    • @MelindaMatsuda
      @MelindaMatsuda 8 днів тому

      @@elegboozioma7267 That's a great tip. I'm setting out 50k to invest in the market this year. Any particularly useful tips you could offer to me?

    • @elegboozioma7267
      @elegboozioma7267 8 днів тому

      @@MelindaMatsuda Victoria Carmen Santaella is the licensed coach I use. Just research the name. You'll find the necessary details to work with a correspondence to set up an appointment.

    • @MelindaMatsuda
      @MelindaMatsuda 8 днів тому

      @@elegboozioma7267 I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip

  • @jayross3800
    @jayross3800 9 днів тому +1

    Fun fact that the Main Street media doesn’t like to admit. The feds theoretical neutral rate (r star) isn’t a percentage rate, it’s an hourly wage rate.

  • @myjourney1011
    @myjourney1011 9 днів тому +2

    Jobs increase but not paychecks

  • @hobarttobor686
    @hobarttobor686 9 днів тому +1

    If the Fed 'threaded the needle' it was dumb luck.

  • @illegalsmirf
    @illegalsmirf 9 днів тому

    Repress labor and make the rich richer. Got it.

  • @2023gainer
    @2023gainer 9 днів тому

    Strong consumer driving EV sales to new 17 million sales record. FSRNQ.. Fisker 8 % rise...37 % Gains .Zapp . Polestar...Joby Evtol Jets..Blade Evtol Jets..Plug...Blink Charging, more.

  • @rickhayes-oh2zm
    @rickhayes-oh2zm 8 днів тому

    did you see a lot of housing defaults mr. magoo

  • @nickvin7447
    @nickvin7447 8 днів тому

    Then you have to admit how bad the economy is in an election year.

  • @Daniel-ss7ri
    @Daniel-ss7ri 9 днів тому

    What are the best strategies to protect my portfolio? I've heard that a downturn will devastate the financial market, so I'm concerned about my $200k stock portfolio.

    • @user-ql1hu3fr4f
      @user-ql1hu3fr4f 9 днів тому

      There are strategies that could be put in place for solid gains regardless of economy situation, but such execution is usually carried out by an investment specialist

    • @Janise-pg8yr
      @Janise-pg8yr 9 днів тому

      I've been in touch with a financial analyst ever since I started investing. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders

    • @TaniaLato-ky4wo
      @TaniaLato-ky4wo 9 днів тому

      Mind if I ask you to recommend this particular coach you using their service? Seems you've figured it all out.

    • @Janise-pg8yr
      @Janise-pg8yr 9 днів тому

      My CFA ’ANGELA LYNN SCHILLING’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

    • @TaniaLato-ky4wo
      @TaniaLato-ky4wo 9 днів тому

      She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing..