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Millionaire Mindcast

Stock Markets Fades Ahead of Fed Decision. Is The Fed Foreshadowing Another Dip? | Money Moves

Millionaire Mindcast

Matt Aitchison

Business, Investing

4.8721 Ratings

🗓️ 2 November 2022

⏱️ 51 minutes

🧾️ Download transcript

Summary

In this episode of Millionaire Mindcast, the dynamic duo is back. Matty A and Ryan Breedwell jump into this past week's updates on world news, real estate, and market updates. Stock market fades ahead of the fed decision. Is the fed foreshadowing another dip? Find out on today's episode. So tune in and enjoy! 

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Transcript

Click on a timestamp to play from that location

0:00.0

It's all just really going to be indicative on what happens tomorrow.

0:03.5

The scenarios that I see playing out as if Powell comes out and he's very hawkish

0:06.9

and he gives comments leading towards that they're going to continue to raise interest rates

0:10.6

and not back down to 50, maybe another 75 or even hotter,

0:14.9

we're going to see a big snap down and then a really big sell-off through the end of the day.

0:18.9

It'll look like a big red ramp.

0:21.6

Down. Not the ramp you left. Not the kind of ramp you like. Flipping that on its head,

0:27.6

we could open down and Powell could make comments that, yeah, we're going to get this interest rate

0:32.1

height going, but we're actually seeing indicators that some of the mechanisms and tools

0:37.2

we've been using are working.

0:38.5

So we're going to consider maybe pulling back to a smaller rate hike in the future.

0:42.7

A rate hike for sure, but a smaller one so we don't have to hike interest rates too hot and heavy.

0:53.0

What's going on, guys?

1:00.0

Welcome into Money Moves. Medea, your host, my co-host, Mr. Bredwell.

1:10.3

We cover all things. Of course, your favorite, all things money, but real estate investing, stocks, and personal finance to help you on your wealth-building journey. How was the Halloween?

1:12.4

It was good. I had about, I'm going to have to say I had about 50 to 70. That's pretty good.

1:19.5

Trick-or-treaters. It was pretty lit at the skyline. Do you guys hand out? Like, were you the house

1:25.8

that was handing out the giant candy bar? No.

1:27.8

So I remember I was gone this past week, most of the week, and I told my wife I was like,

1:32.3

hey, maybe we can get some candy bars.

1:33.8

She's done to be a candy person.

1:34.8

So when I got back, there was no candy in the house.

...

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