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Wall Street Breakfast

Fed's Powell gives fodder for hawks and doves

Jay Powell plays it safe, leading to large swings in stocks. (0:15) Investors ramp up bets against Disney as it hits 9-year low. (2:21) The S&P is flashing a correction signal not seen since the early 2003s. (3:51)

Episode transcripts seekingalpha.com/wsb

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Show Notes
Six countries invited to join BRICS, including Saudi Arabia
Netflix rises as Loop Capital upgrades on valuation, improving fundamentals
Meta launches AI model for coding


Broadcast on:
25 Aug 2023