Listen "Felix Prehn - Time to Sell Everything? + Stock Market News 22 August 2024 (Goat Academy)"
Episode Synopsis
Is the job market signaling a steady economy, or are we on the brink of another recession? Join us as we break down the latest job market data and FOMC minutes, which suggest shifting priorities from inflation to unemployment and potential rate cuts. We'll explore the historical trends that show rate cuts often precede recessions, using examples from 1990, 2000, and 2008. Plus, we'll weigh the pros and cons of a possible recession, considering factors like higher unemployment and struggling manufacturing against the backdrop of robust government spending that might prevent an economic downturn. Don't miss our analysis of political developments, including RFK's anticipated endorsement of Trump and its potential ramifications on government spending and economic policies.Curious about the tech market's resilience in the face of negative news? Discover how Microsoft's recent cloud computing guidance might actually indicate underlying strength and what this means for potential contrarian investment strategies. We'll discuss how upcoming announcements from Powell and Nvidia could trigger significant rallies in big tech stocks, which are currently down about 30% from their peaks. Additionally, we'll highlight the massive projected spending on cloud computing by major players like Microsoft, Google, AWS, and Meta, and how this translates into a bullish outlook for Nvidia's earnings and guidance through 2026. Get the inside scoop on why Nvidia could be set for double-digit revenue growth in its data centers and what this means for your investments.Support the show👉 Claim 99% Off the Financial Freedom Program. Use coupon 99PC at checkout https://felixfriends.org/stocks
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