Welcome to the Money Tree Investing Podcast.

Stock market, wealth, personal finance, value stocks, invest in your life.

Hello, Smart Money Tree Podcast listeners.

Welcome to this week's show.

My name is Kirk Chisholm, and I'll be your host.

And today I'm joined with my good friend Phil Weiss.

Hey, Phil.

Hey, Kirk, how are you doing today?

Good to be here.

Doing great.

Well, glad to have you here. As we get going here, it's another crazy new week in the markets,

and a whole lot of nothing happened this week, and yet at the same time, a lot happens. So we're going to

talk a little bit about that. I'm going to talk about It was interesting. I do want to talk about the framework

around it. And from the Fed meeting, basically Powell came out and said nothing's changed.

And I think there was like one or two words changed in their statement. And everyone's dissecting

those one or two words, trying to figure out exactly what they meant by those two word changes.

And, you know, I'm thinking

to myself, like everyone's dissecting us in the feds. I can just see them at the bar like, yeah,

let's change these two words and see what they do. I can just see that happen and people just don't

realize. But realistically, obviously, we get very little from them. So everyone just goes through

with a fine-tooth comb trying to figure out what they're saying. But basically what they said or alluded to is that there's going to be three rate drops this year probably or three rate cuts. Now those of you listen to the show frequently know that we've been prophesizing, and I'll use that word in the air quotes, that we will have possibly no drops this

year, maybe one. That's my guess. They're talking about three. At the beginning of the year,

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