Wall Street Breakfast cover image

Wall Street Breakfast

The market's window of inflation

May 27, 2024
Fed trader Chaim Siegel talks about fundamental and technical bullishness. The discussion focuses on CPI perfect numbers, Fed hiking, fighting inflation, and bonds. Siegel is bullish for 2024. The podcast explores the impact of inflation on the market and Fed's quantitative tightening.
11:23

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Consider both fundamentals and technical indicators for bullish market outlook in 2023.
  • Fed's caution on rate hikes due to inflation and gradual growth support through quantitative tightening manipulation.

Deep dives

Market Outlook Based on Fundamentals and Technicals

The speaker emphasizes the importance of considering fundamentals like earnings and economic performance, alongside technical indicators, when assessing the market outlook. By analyzing data and following market trends, they became bullish on the market for 2023, especially noting strong job numbers towards the end of the previous year. Despite potential geopolitical challenges, the speaker remains optimistic about the market due to positive fundamentals and bullish market actions.

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