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Bloomberg Businessweek

The Big Bond Market Event Wednesday Is at Treasury, Not the Fed

Oct 30, 2023
30:25
Snipd AI
Topics discussed in this podcast include the impact of the US Treasury's new borrowing plan on the financial market, the economic stress faced by middle-class Americans, the current situation in the bond market, and the positive outlook on the energy sector. The episode also features discussions on the impact of GLP1 drugs on medical conditions and potential market opportunities.
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Podcast summary created with Snipd AI

Quick takeaways

  • Investor focus in the bond market event is likely to be on the Treasury Department's borrowing plan, not the Federal Reserve's policy statement.
  • The Fed's fight against inflation is causing concern for middle-class Americans.

Deep dives

Chevron: A long-term investment with a strong dividend

Chevron is a solid long-term investment opportunity due to its financial strength, global presence, and leverage to energy prices. The recent acquisition of Hess will enhance production and diversify the company's operations. Despite a messy quarter, Chevron's balance sheet is strong with low debt and ample cash. With a 4.1% dividend yield and a valuation of 10 times earnings, Chevron is an attractive option in the energy sector.

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