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

By the time you see this, the Fed will have announced its latest interest rate increase… and Fed Chair Jerome Powell will have held his press conference.  Daniel and I discuss what to expect from the market following Powell’s speech… the Fed’s big blind spot when it comes to inflation data... and why this meeting is a make-or-break moment for stocks. Next, Daniel highlights the impressive results from AutoZone (AZO)—and why good news for AZO is bad news for the economy. And I explain why banks—which typically benefit from higher rates—are suffering from the Fed’s actions. In this episode  The inflation data the Fed is ignoring [4:00] Why today’s Fed meeting is a make-or-break moment for stocks[7:35] What AutoZone’s results say about the economy [15:00]  How the Fed is hurting banks [22:25]  Will we see a buying opportunity soon? [30:00]  Enjoyed this episode? Get Wall Street Unplugged delivered FREE to your inbox every Wednesday: https://www.curzioresearch.com/wall-street-unplugged/ Wall Street Unplugged po