Episode Details
Back to EpisodesThe market sectors to buy—and avoid—now
Description
Happy belated Halloween!
Today's show starts with a rant about how times have changed since I was a kid… why I'm worried kids can't have fun anymore.
Turning to the markets… I break down what to expect from tomorrow's Fed meeting… and why the latest jobs data should kill any optimism about the Fed turning dovish. I also dig into some stats on the booming market for HELOC loans… and what it means for the economy.
We're still in a bear market, but that doesn't mean you should be selling everything. I break down exactly which sectors investors should be buying right now… which ones to avoid… and the best strategy to profit from the ongoing volatility in stocks.
In this episode
- Happy Halloween! [0:30]
- What killed this morning's rally [5:10]
- Inflation has NOT peaked [10:05]
- Why strong demand for HELOCs is a bad sign for the economy [18:40]
- Which sectors to buy and avoid now [23:35]
- How to make a fortune in this volatile market [31:19]
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