Roaring Kitty, Inflation Insights, Ethereum and the Mag 7

03/07/2024 20 min
Roaring Kitty, Inflation Insights, Ethereum and the Mag 7

Listen "Roaring Kitty, Inflation Insights, Ethereum and the Mag 7"

Episode Synopsis

We’re back to talk more news, and this week, we’re tackling the world of meme stocks, the latest on inflation, and the rise of Ethereum ETFs. You might’ve heard of Keith Gill, known online as “Roaring Kitty” who recently shook the financial world with his bold moves on GameStop. The brothers discuss his recent success and whether GameStop is still a good buy.Then, they discuss inflation and the latest CPI numbers, explaining the significance of recent figures, the Federal Reserve's approach, and the potential impact on consumer savings and credit card debt. This episode also covers Ethereum ETFs, with the SEC's recent approval making waves. Finally, we’ll look at the "Magnificent Seven" stocks driving the market, focusing on Nvidia's phenomenal growth and the importance of diversification to avoid overexposure.Tune in to Retirement Approved to stay informed about the latest trends and strategies in finance and investing!Here’s what we discuss in this episode:0:00 – Intro 1:07 – What is Roaring Kitty?5:40 – Updates on inflation8:14 – ETH ETFs approved13:50 – Nvidia's Earnings and Mag7ETH 2030 Price Target and Optimal Portfolio Allocations Report:https://www.vaneck.com/us/en/blogs/digital-assets/matthew-sigel-eth-2030-price-target.pdfLearn more about us: https://www.rwpaul.com/our-firm Contact Matt & Steve: https://www.rwpaul.com/contact Phone: 248-305-9911 Find us on YouTube: https://bit.ly/481OA51