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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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Podcast EP 17 Jerome Pow Wow Dud, Jul 26 13:54 Share

Not Your Advisor