Jul 30, 2022
Jay Pestrichelli once again joins Derek Moore to discuss the disconnect between the market’s expectation of future interest rate raises and the Fed’s stated intentions. Did the market hear the right things from Jay Powell? How earnings through Q2 have held up and are still growing despite pessimistic calls otherwise. Plus, the debate about what a recession is and is not.
Someone is wrong on interest fed rate raises
Debate about what is a recession
Why 2 quarters is not a recession
How the NBER is the arbiter of official recessions
Q2 earnings rise along with revenues despite pessimistic forecasts
What happens if inflation is over 8% when release in August?
Disconnect between market and inflation
Inflation 2x2 and EPS analysis
4 outcomes on EPS and inflation and what it means for markets
Post midterm election bounce in the S&P 500 Index?
What sectors are growing, and which are declining per Q2 earnings
Stagflation discussion
Can we really have a recession with low unemployment?
Mentioned in this Episode:
Does a strong dollar pose problems for US companies? https://podcasts.apple.com/us/podcast/is-the-strong-us-dollar-a-problem/id1432836154?i=1000571388439
Derek Moore’s book Broken Pie Chart https://www.amazon.com/Broken-Pie-Chart-Investment-Portfolio/dp/1787435547/ref=sr_1_1?keywords=broken+pie+chart&qid=1558722226&s=books&sr=1-1-catcorr
Jay Pestrichelli’s book Buy and Hedge https://amzn.to/3Je7xqa
Contact Derek derek.moore@zegafinancial.com