Hello Everyone,
This video will cover some earnings from Airbnb earnings, Pzifer earnings, and future fed rate increases. Will Fed pivot? Short answer, probably not any time soon, the economy is too strong. The recent JOLTS report can help answer some questions. A good earnings report means the economy is strong, and the feed will need to keep higher rates for longer. Why today's recession or the recession that will happen in 2022/2023/2024 is more like the one that happened in 1973 as supposed the 2008 financial crisis.
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#fed #stocks #recession
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TIMESTAMPS
0:00 - JOLTS
0:36 - Employment Cost Index
0:50 - PMI Data
1:25 - Fed Fund Rate Projection
3:00 - Pzifer Earning
4:38 - Airbnb Earning
6:15 - US Strong Spending Power/Strong Economy
07:12 - Bear Market is like 1973
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