CEO Doug Ciocca discusses the Fed leaving rates unchanged, economist Brad Dillman talks about the impact on housing market, and Untuckit founder Chris Riccobono shares using AI for new stores. Hosts explore data in investment decisions, Fed Chair views, market strategies in a volatile market, apartment management challenges, housing cycles, and retail growth amidst challenges.
Fed remains cautious with benchmark rate unchanged at two-decade high, impacting housing market.
Retailer Untuckit utilizes AI for store location decisions, adapts to market shifts post-COVID.
Deep dives
Data-Driven Investing Decisions
The podcast episode delves into how data plays a crucial role in investment decisions and drives the creation of innovative enterprises. It highlights the sponsorship by InvescoQQ and emphasizes the significance of data-powered transformations in the investment landscape.
Federal Reserve's Stance on Inflation and Interest Rates
The discussion centers on the Federal Reserve's recent actions and statements regarding inflation and interest rates. Fed Chair Jay Powell's remarks about the likelihood of rate hikes and the need for more evidence on inflation cooling are scrutinized, highlighting the Fed's data-dependent approach in monetary policy.
Economic Insights from Guest Doug Siyoka
Guest Doug Siyoka from Kavar Capital Partners shares insights on the economy and the Fed's policies. Siyoka discusses the bifurcated nature of the economy, the impact of rate cuts on different sectors, and the Fed's dual mandate focusing on inflation control and job market stability.
Retail and Real Estate Trends
The podcast touches on the retail and real estate sectors, featuring an interview with apparel retailer founder Chris Riccabono. Riccabono highlights the challenges faced, such as managing debt, adapting to market shifts during COVID, and utilizing data-driven strategies for store locations and business growth. Potential strategies for expansion into wholesale markets and a women's line are also discussed.
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Doug Ciocca, CEO at Kavar Capital, shares his thoughts on the Fed voting unanimously to leave benchmark rate unchanged in target range of 5.25%-5.5%, a two-decade high, for sixth straight meeting. Brad Dillman, Chief Economist at RPM Living, discusses the impact of Fed policy on home builders and the housing market. Chris Riccobono, Founder of Untuckit, talks about using AI to identify where to open new stores. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.