Podcast EP 17 Jerome Pow Wow Dud, Jul 26

Available on Spotify and iTunesTwitter: nyugradsubstackThreads: nyugrad.substackShow NotesA record 13 straight up days for the DOW!!!Federal Reserve* Jerome Powell and team raised rates by .25 basis points.* Forecasts No Recession* People are still getting too many good jobs. * Not enough unemployed* Inflation is still too high* Wants to decrease security holdings* It will take time for what they have done to impact inflation3:00pm ET ScreenshotOnce Jerome Powell finished speaking$META Facebook reporting after hours and I must say it was impressive. * Beat revenue estimates by 3% & beat guidance by 4.1%.* Slightly beat user growth estimates for Facebook & its Family of Apps (FOA)* FOA revenue beat estimates by 3.8%.* Beat ad impression growth estimates of 17.8% Y/Y with growth of 34% Y/Y. $CMG Chipotle was down -8.76% after earningsFinancial Freedom is not free but the pursuit is worth the treasure. Building a community with that goal. Let's go get it! This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.notyouradvisor.com/subscribe

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This episode was published on July 27, 2023.

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