09.21.2022 - By Curzio Research
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 podcast is available at: --: https://itunes.apple.com/us/podcast/wall-street-unplugged-frank/ -- : https://www.stitcher.com/podcast/curzio-research/wall-street-unplugged-2 -- : https://www.curzioresearch.com/category/podcast/wall-street-unplugged/ : https://twitter.com/frankcurzio :. https://www.facebook.com/CurzioResearch/ : https://www.linkedin.com/in/frank-curzio-690561a7/ :