EPISODE · Jan 31, 2023 · 15 MIN
Episode 127 - Robert Young: 1 FEB The Market & Economy - Today's Fed Reserve Rate Increase and Advice From Yogi Berra
from Robert Young - YFS Private Client Market & Economy Audio-Email · host Robert Young
Friends,Today is built on Hope!We expect Chairman Powell and his Team to raise interest rates by .25 basis points (1/4 of 1%) What we are HOPING for is language in his speech after the announcement which has themes like, "our next move will be data-dependent" or "we're going to wait and see", etc.This will excite the algorithms into a Buying Frenzy. If this occurs, and the Market rises to 4,150+, we will complete the liquidation of our holdings in the S&P 500 and Regions Financial, take the Cash and wait for the opportunities we see approaching.Stay Tuned,Robert
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Episode 127 - Robert Young: 1 FEB The Market & Economy - Today's Fed Reserve Rate Increase and Advice From Yogi Berra
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