Transports Tumble, LVMH's Warning, and the Fed vs. Stocks 4/17/24

Transports Tumble, LVMH's Warning, and the Fed vs. Stocks 4/17/24

  • Af
  • Episode
      837
  • Published
      17. apr. 2024
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Episode
837 of 1275
Længde
42M
Sprog
Engelsk
Format
Kategori
Økonomi & Business

A big part of the market's recent downturn is the Dow Transports, which is currently below its 50- and 200-day moving averages. Bank of America's Ken Hoexter lays out the road ahead. Plus, LVMH is higher despite reporting slowing sales growth. TEMA ETFs' Javier Gonzalez explains. And, Fed Chair Jay Powell says he needs more confidence in inflation's path forward before cutting rates. Delancey Wealth Management's Ivory Johnson and Plurimi Wealth's Patrick Armstrong discuss what this means for the markets.

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