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ZM, BX: Job Market Remains Strong Despite Weak Earnings

Schwab Network

English - November 17, 2022 18:13 - 7 minutes - 89.5 MB - ★★★★★ - 23 ratings
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The job market remains strong despite weaker earnings, says Devon Drew. He discusses what peak inflation means for the markets. He talks about how the Fed has the option of slowing rates before an unemployment cycle emerges. He then goes over how softer inflation is crucial for a market rally. He then goes over his stock picks Zoom Video (ZM) and Blackstone (BX). Tune in to find out more about the stock market today.