Wall Street Unplugged - Your Best Source For Finance, Investing & Economics

The market now controls the Fed… and that’s dangerous

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Sinopsis

The major indices surged over 2% yesterday following the Fed's interest rate hike announcement. Daniel joins me to discuss Fed chair Jerome Powell’s comments… if the markets are in the clear… this year’s midterm elections… why earnings season is proving it’s a stock picker’s market… and the key thing to look for in a great investment.  In this episode: The Fed hikes interest rates as expected [1:50] Why the Fed should be more aggressive [4:40]  How the Fed has lost control of the market [8:50]  Why commodities have room to run much higher [16:30] A sector to be cautious about heading into midterm elections [19:40]  The market rally in perspective [23:15]  It’s a stock pickers market—Here’s what to look for… [27:20] Enjoyed this episode? Get Wall Street Unplugged delivered FREE to your inbox every Wednesday: https://www.curzioresearch.com/wall-street-unplugged/   Wall Street Unplugged podcast is available at: --: https://itunes.apple.com/us/podcast/wall-street-unplugged-frank/ -- : https://www.stitcher.com/p