Powell sounded like someone who really understands the assignment...͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
| |  | | May 2, 2024 | | Special Video Briefing Dear Leah, Yesterday, during the Federal Open Market Committee (FOMC) press conference, Jerome Powell greenlit a massive pre-summer rally in stocks.
Big picture: Now is the time to buy stocks.
However, it is not quite that simple. There is a lot of nuance to this situation, and many questions we need to answer first...
So we are publishing this special video update today, so you can stay informed about what is most important to you.
In this video, I will break down why I believe the Fed just sounded a bull horn, and what it means for our portfolios. 
To be blunt, I think a mega rally started Wednesday.
Powell sounded like someone who really understands the assignment.
That is, the battle against inflation (excluding housing) is over.
The labor and consumer markets are starting to show cracks.
The need for a patient Federal Reserve is greater than ever.
Critically, Powell understands that the Fed may need to respond to weakening labor conditions by cutting rates. And when the cuts arrive, it’ll be up, up and away for the stock market.
He spoke more about this than his willingness to hike rates in response to strong inflation.
That tells us a lot about where he is leaning.
So, give today's video a watch. It's lengthy, but it will lay out our logic supporting our conclusions from yesterday's FOMC meeting, helping you to make better decisions with your money.
Stay bullish, my friends! We see more green shoots ahead. Watch the Briefing Now |  | | Luke Lango
Editor, Innovation Investor Click here to access Innovation Investor’s Special Report archive.
Get more from your subscription by reading our owner’s manual and using our brand-new Portfolio Tracker.
To cancel your service, call the number in the footer below. | | | | |
Tidak ada komentar:
Posting Komentar