Episode Details
Back to EpisodesUnderstanding tech vs. growth could make you massive gains in this market
Description
The Federal Reserve is driving me crazy…
A week after raising interest rates for the first time since 2018 by a measly 0.25%. Fed Chair Jerome Powell is trying to sound tough on inflation. But Daniel offers a different perspective… [0:35]
The Fed needs to get its act together right away. I explain what it must do to keep inflation from getting completely out of hand. [7:40]
Large-cap China stocks have rallied hard off their lows over the last week. Daniel highlights what's behind the move… and why it's a great trading opportunity. [9:25]
Next, we review a Bloomberg article on how to deal with inflation—and poke fun at some of the truly ridiculous suggestions—like getting rid of your pets. [12:10]
Nike (NKE) reported solid earrings this week, displaying its pricing power amid rising costs. But I still wouldn't buy this stock right now. I explain why the difference between growth stocks and tech stocks is key to making big gains in this market… tell you about a few tech stocks I'm watching right now… and one sector I'm particularly bullish on as rates rise. [21:10]
Big news in the world of crypto: Goldman Sachs (GS) recently made a first-of-its-kind Bitcoin trade with the help of Galaxy Digital (BRPHF) (one of our Crypto Intelligence portfolio assets). Daniel shares why this is a major event… and why he's bullish on all parties involved. [26:30]
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