| | Daily Video Newsletter Thursday, November 7, 2024 |
Just $7 Gets You 12 Hand-Picked Trades a Month Don Kaufmanâs getting you access to our best beginner trading classes, all our live daily chatroom sessions, and three carefully selected trading opportunities - go here to take advantage⦠================================================ Hereâs What We Really Got from the Fed Today
By Blake Young We got another cut today, and parsing out its statement is unusually easy⦠because theyâre some of the shortest-ever remarks ever released around a rate cut, at least in recent memory. âRecent indicators suggest economic activity has continued to expand at a solid pace⦠labor market conditions have eased⦠unemployment has moved up but remains low⦠inflation has made progress.â Pretty simple, right? Thatâs an excerpt from the very first paragraph and itâs jam-packed with problematic statements - weâll get into the actual truth of whatâs going on here. The biggest, most obvious problem: If weâre growing at a âsolid pace,â why are they cutting rates? The answer leads to opportunity, and thatâs what weâll look at today, along with stocks like TJX, ROST, KR, and more. Letâs get into itâ¦
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