Business as Usual for the FED | The Daily Peel
Wall Street Oasis
Wall Street Oasis
4.9 • 534 Ratings
🗓️ 2 May 2024
⏱️ 22 minutes
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| 0:00.0 | What's up, apes? Welcome back to the Daily Peel's video stream of the day. We got a lot to talk about here today, |
| 0:04.5 | including the most boring Federal Reserve meeting of all time that might not be too boring down the line. So we'll be talking about exactly what the implications of today's nonsense. Nothing meeting will be for us at our portfolios. And most of all, the attempted homelessness that J-Pow is trying to spread from C to shining C. Well, and of course, we get into some of the big stock movies of the day. |
| 0:23.2 | Starbucks absolutely shitting its pants, just like I do most of the time after I drink Starbucks. And then, of course, we'll be finishing up with consumers. You know, I don't even know why the government goes and asks these questions. We don't like to ramble about bullshit that we know absolutely nothing about. nobody likes to do that more than me, as you guys know, but we'll be finishing up with some consumer takes on the economic fortunes for the United States going forward. Of course, we do have a little bit to talk about before we get into all that stuff. Most importantly, the fortunes of the Boston Celtics today destroy the Miami Heat and advancing into the second round of the playoffs. |
| 0:54.9 | We all know what's going to happen. I mean, RIP to Christoph's Prozingis, very tough to see him going down, but, you know, the Celtics, we got a deep team right here. As much as we love Porzingis, Porzing God, really, we, I don't want to say we don't need it, but we don't need him to win the championship. I'm going to go out on a limit to say that right now. Meanwhile, the WSO |
| 1:12.1 | portfolio is also busy winning during the day as well. We don't need it, but we don't need him to win the championship. I'm going to go out on the limit to say that right now. |
| 2:04.7 | Meanwhile, the WSO-A portfolio is also busy winning during the day as well. Now, we did lose 19 basis points, bringing us down to about a 6.61% return on the year, still outperforming the SB and the NASDAQ, especially today. Both were down a little bit more than 30 biffs because the market completely sold off towards the end of the day in the last kind of half hour or so because J-Pow was fucking run in his mouth as always. These press conferences completely killing the vibe, definitely killing my vibe, as if my stock price weren't doing that already. Anyway, let's go ahead and get into some of the banana bits that we have today. Excuse me. So, the first thing that we wanted to point out, because we didn't touch on this too much during our big story of the day in the Maco Monkey section, but Powell did come out and basically, I mean, it's Fed's speak, right? Like, he's not going to come out and say anything directly, but he basically did close the door on further interest rate hikes, which was, you know, a good feeling, but that was pretty much where the good news ended for this report, unless you are a treasury market participant. |
| 2:08.3 | Unless you're literally Jenny Yellen, that's pretty much the end of the good news here. |
| 2:12.1 | Anyway, protests around the United States, we've all seen them going on on college campuses. |
| 2:16.8 | Who the fuck knows what's going on there? I graduated a couple of years ago. Thank fucking Christ Almighty. I can't |
| 2:17.9 | imagine when it's like seeing people essentially like cosplay homelessness on a campus |
| 2:23.5 | green space or some shit. I really don't know what's going on there, but it's eerily reminiscent |
| 2:28.0 | of the summer of 1968. Not that I was there, as you guys can see, my stunning youth and beauty. |
| 2:33.8 | But I'm told that apparently the summer of 68 was pretty crazy and worked out very shittily for the Democrats at that time. |
| 2:40.8 | So, you know, political analysts are starting to wonder now exactly what this is going to mean going forward for Big Dog Joey B and his campaign. |
| 2:47.4 | Meanwhile, we all know Big Dog Donnie Tee is currently sitting inside of a New York |
| 2:51.1 | courtroom. Attempted like he's shit-talking Joe Biden out for social. Funniest thing ever. He said |
| 2:56.4 | something like Joe Biden is in New York City today, but I don't even knows it. I was pissing my pants |
| 3:02.6 | laughing at that one. Anyway, pullbacks and spending, these are not limited to just companies like |
| 3:07.4 | Starbucks and those kind of premium products. We'll be diving into Starbucks much more, so just a second. Anyway, pullbacks and spending, these are not limited to just companies like Starbucks, |
| 3:08.0 | those kind of premium products. |
| 3:09.6 | We'll be diving into Starbucks much more so just a second, but even companies like McDonald's |
| 3:13.6 | and the cheaper options are starting to see Paul Baxian consumer spending. |
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