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cover of episode Podcast EP 17 Jerome Pow Wow Dud, Jul 26

Podcast EP 17 Jerome Pow Wow Dud, Jul 26

2023/7/27
logo of podcast Not Your Advisor

Not Your Advisor

Shownotes Transcript

**Available on Spotify) and **iTunes)Twitter: nyugradsubstack)Threads: nyugrad.substack)

Show Notes

A 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 inflation

3:00pm ET Screenshot

Once 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 earnings

Financial Freedom is not free but the pursuit is worth the treasure. Building a community with that goal. Let's go get it!

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