Dug Duxioka is chief executive officer and partner at cavar capital partners. They've got over a billion dollars in assets under management. Dug, the headline, 75 basis point increase from j powell on the federal reserve,. The biggest hike since 19 94. So the range is now one point five % when it comes to the fed funds rate. I think the big headline though is that he does not expect moves of this size to be common.
BNY Mellon Pershing CEO Jim Crowley and COO Emily Schlosser discuss meeting financial advisor and wealth manager demands. Ben Harrison, Co-Head of Wealth Solutions at BNY Mellon Pershing, explains the evolution of the advisory model. Bloomberg News Senior Markets Editor Edward Harrison shares the details of his Businessweek Magazine story The Fed Tried to Protect Main Street. Now Everyone May Suffer. And we Drive to the Close with Doug Ciocca, CEO at Kavar Capital. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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