CPI Hit Takes Pressure off the Fed -- Eddie Gifford #5835
Financial Survival Network
English - June 15, 2023 12:00 - 9 minutes - 13 MB - ★★★★★ - 103 ratingsBusiness Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Kerry Lutz and Eddie Gifford analyzed the latest CPI and PPI numbers, highlighting the potential for stagflation and its impact on the markets. They also discussed the ongoing FOMC meeting and the possibility of a hawkish stance from the Fed. The role of AI in investment portfolios was explored, with an emphasis on the need for interpretation of AI-generated inputs. Additionally, the importance of having a well-defined investment strategy with an exit plan and risk management in place was emphasized. They suggested dollar-cost averaging and building a position over the next 12-18 months, with profit targets and stops in place. The current state of the market was also discussed, with the suggestion that volatility is around the corner, making it important to have a plan in place.