Daily Review with Clay and Buck - Jul 26 2023
The Clay Travis and Buck Sexton Show
iHeartPodcasts
4.5 • 11.4K Ratings
🗓️ 26 July 2023
⏱️ 56 minutes
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Transcript
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| 0:00.0 | Welcome to today's edition of the Clay Travis and Bucks Xtons Show Podcast. |
| 0:05.2 | Okay, hour number three. A wild and crazy day underway. We got a lot to discuss with all of you. |
| 0:14.6 | If you've just gotten in your car buckle up, you probably have no idea what has happened in the first |
| 0:19.9 | two hours of the program so far. Actually breaking news again during the commercial break, |
| 0:26.8 | the Fed has raised interest rates another quarter of a point this was expected. But this brings |
| 0:34.7 | the federal interest rate level to a 22 year high. Thank you Joe Biden as the battle to try and |
| 0:42.8 | decrease inflation is ongoing according to the Fed. This will make in theory all borrowing cost |
| 0:51.1 | more expensive. The hope is that this will be the last Fed raise and as I am looking right now buck, |
| 0:58.7 | it appears that this this statement by the Fed and the action has basically totally unmoved the |
| 1:06.6 | markets. In other words, this was the expected outcome and there does not seem to be a move occurring |
| 1:12.5 | very substantial to one direction or the other. I would say one minor negative that will come out of |
| 1:19.2 | this is that there was some hope the Fed might indicate, Hey, this is going this we expect this to be |
| 1:24.8 | our last raise of the interest rates. There has not been that statement. So the possibility of |
| 1:32.0 | continuing to raise interest rates is still out there as a part of future probability and or |
| 1:41.4 | discussion. All right, that just happened now. What has happened in the first two hours and buck, |
| 1:47.3 | you're shaking your head because you're I mean, even trying to explain this is wild if you're |
| 1:51.7 | listening on the podcast, you know, enjoy by the way, it's going to be an hour long interview I |
| 1:57.8 | did with Florida governor Ron DeSantis on the podcast exclusive go sign up for Clay and buck, you'll be |
| 2:03.4 | able to listen to that. He was in Nashville. I talked with him yesterday. So if you are at all |
| 2:08.3 | interested in that, one of many reasons buck does a ton of interviews on that are podcast unique. |
| 2:13.9 | We've got the Tutor Dixon. I believe we're going to be announcing a couple of additional people |
| 2:17.9 | that are also a part of the podcast network. In other words, as many of you are out there traveling |
... |
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