Randy, i would say the press conference was slightly more duvish in that powell made it very clear that fed's going to be data dependent going forward. But he also sort of re emphasized the three point four % rate of her fed funds for the end of the year. So i would say, exactly as the market expected. No surprises. Slightly more doubbish press conference. One of the reasons equities have reacted so strongly. And i would note, bonds have rallied as well. The curve has flattened somewhat a witha, the tenure coming down towards, towards the sor ta twit.
Chipotle Mexican Grill CEO Brian Niccol discusses second-quarter earnings that topped analysts’ projections as the burrito chain added new locations and consumers proved willing to pay more. Andrew Collins, President & CEO of Sentient Jet, talks about the return of travel and sustainability efforts for the private aviation company. And we Drive to the Close with Randy Watts, Chief Investment Strategist at O'Neil Global Advisors.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
See omnystudio.com/listener for privacy information.