Wall Street Breakfast Election Day anticipation
Nov 3, 2024
Tension fills the air as Election Day approaches, with analysts predicting how political outcomes could shift market dynamics. Insights into corporate earnings reveal Berkshire Hathaway's adjustments and the impact of TGI Fridays' bankruptcy. Expect interest rate cuts from the Fed amidst lackluster job growth. Plus, hear about Warren Buffett's changing views on Apple and how to strategically invest regardless of whether Trump or Harris takes the helm.
AI Snips
Chapters
Transcript
Episode notes
Investing Advice for Uncertain Times
- Investors should consider how a potential recession could impact the market.
- Seeking Alpha experts advise preparing for a possible market dip.
Candidates' Spending Habits
- Both presidential candidates are seen as 'big government, big spending'.
- Their similar fiscal approaches make it challenging to differentiate their potential market impact.
Fed Rate Cut Prediction
- The Fed is expected to cut rates by 25 basis points, even after the weak jobs report.
- This cut aims to prevent further economic slowing.