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Listen "Episode 127 - Robert Young: 1 FEB The Market & Economy - Today's Fed Reserve Rate Increase and Advice From Yogi Berra"
Episode Synopsis
Friends,Today is built on Hope!We expect Chairman Powell and his Team to raise interest rates by .25 basis points (1/4 of 1%) What we are HOPING for is language in his speech after the announcement which has themes like, "our next move will be data-dependent" or "we're going to wait and see", etc.This will excite the algorithms into a Buying Frenzy. If this occurs, and the Market rises to 4,150+, we will complete the liquidation of our holdings in the S&P 500 and Regions Financial, take the Cash and wait for the opportunities we see approaching.Stay Tuned,Robert
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