
Fed Holding "Firepower," Bitcoin All-Time High Rally Aids Dollar, Metals Bullish for U.S.
Schwab Network · Schwab Network
Audio is streamed directly from the publisher (anchor.fm) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
The Fed is waiting for something to break before issuing interest rate cuts, according to David Stryzewski. He argues unemployment claims tapping a 30-month low can be one trigger for the Fed if more weakness comes through the jobs and inflation picture next week. As the U.S. dollar slumps, David points to Bitcoin's all-time high rally as a counterbalance to its 4-year weakness. He also believes the 52-week high in silver isn't just good for A.I. chipmakers, but also for companies across the SPX.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-...
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-...
Watch on Sling - https://watch.sling.com/1/asset/19192...
Watch on Vizio - https://www.vizio.com/en/watchfreeplu...
Watch on DistroTV - https://www.distro.tv/live/schwab-net...
Follow us on X – / schwabnetwork
Follow us on Facebook – / schwabnetwork
Follow us on LinkedIn - / schwab-network
About Schwab Network - https://schwabnetwork.com/about