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US Economy Warning Signs: Bret Kenwell on Volatility, Consumer Health, & Investing
Jul 24, 2024
Join host James Connor as he discusses the US economy with Bret Kenwell from eToro. Topics include AI stock valuations, consumer health, inflation concerns, cryptocurrency insights, and options trading trends. Stay ahead in the market with valuable information on investing and market trends.
28:59
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Quick takeaways
- Federal Reserve balancing inflation combat with growth, aiming for 2% target.
- Ethereum's wider application potential attracts investor interest compared to Bitcoin's value storage appeal.
Deep dives
Inflation Trends and Fed's Efforts
Core inflation numbers are gradually decreasing, with challenges in tackling inflation, specifically in relation to shelter prices. The Federal Reserve aims for a 2% inflation target. The Fed is working to balance policies to combat inflation while avoiding a recession.
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