A slew of feds be scheduled for today as investors await President Trump's pick for the Fed. Governor Trump saying he will make a decision before the end of the week. Bloomberg's Michael McKee joining us now.Mike, we learned yesterday that one person has got best out of the race. Four candidates that we understand. What's the process going to be like to get this person in that seat. Well, the process is going to take a while because the person who goes to that seat is going to have to be confirmed by the Se ...

We have all been eagerly waiting for Alt season 2 officially begin and we have been waiting for what seems like almost forever. But I want you guys to understand that the longer that this takes, the better for all of us. Why.Well, because it means more liquidity is building behind this space that will flow into large caps and those altcoins that we hold. This is where we really do start to get rich. Now, in this video, I actually want to talk a little bit about what Tom Lee recently just told us because wha ...

The White House just released the crypto bulls and we have to talk about this because I do believe going into September this market is going to go absolutely crazy just like it did in July. We need to prepare right now because this window of opportunity in front of us is only going to last a short time. And what window of opportunity am I talking about.Well, if we think about crypto right now, on the day, it looks pretty good. But on the weekly, we still have a red C in front of us where this is giving us a ...

Market Concerns & Fed's Actions - The market is concerned about the deficit, tariffs, and the Fed's next move following the employment report [2] - The Fed should cut rates in September to stimulate the housing market and benefit the economy [2][3] - Market volatility is expected due to uncertainty about the Fed's actions [3][5] - The market is unsure if the Fed will "do the right thing" due to Powell's hawkish commentary [5] Investment Strategy & Sector Focus - Investors should recalibrate portfolios, taking profits in tech and diversifying into utilities, energy, financials, and gold [6][7] - Tech companies are trading at premium valuations and are vulnerable to market declines [6][7] - The energy sector is favored due to deregulation tailwinds and increased US energy exports [8][9] - The European Union is committing to buy approximately $750 billion of US energy [9] - South Korea is committing to buy approximately $100 billion of US energy [9] - Large oil companies like Exxon Mobile are trading at relatively low valuations and paying good dividends [9]

Monetary Policy Stance - The Fed decided to preserve flexibility amidst risks of both economic downturn and inflationary pressures from tariffs and economic strength [1] - The Fed's prudent action was to avoid excessive moves that could sacrifice credibility, as reversing such errors would be difficult [4] - A prior rate cut of 50 basis points led to a 75 basis point increase in the ten-year rate, impacting mortgage rates [2] - The market will reflect substantial economic weakness in rates, reducing the urgent need for rate cuts [8] Interest Rate Debate - There is debate regarding whether to have a 25 basis point rate cut in July, or two or three rate cuts this year [4] - The industry questions the merit of cutting rates to the 1% range, deeming it a dangerous idea given the current market and economic strength [4] - Dissenters within the Fed, appointed by different individuals, may see underlying economic weakness requiring preemptive action [6][7] Economic Outlook - The economy faces risks of a downturn, but if such an error is made, it is easily correctable [1][3] - Sacrificing credibility by moving excessively would be a much more damaging and difficult to reverse error [4]

Let's just get the macro set up. Uh Steve, if you don't mind, if we can kind of characterize what we saw in the jobs report. Obviously, an undershoot on job creation for last month as well as these severe downward revisions.Uh unemployment rate sort of leaks a little bit higher and it really did change the bond market's assessment of what's to come for the Fed. I think all that's right. And it also probably changing the Fed's assessment of what's to come for the Fed.We had Raphael Bastika on. He said, "Look ...

us. And we've got some breaking news. The July jobs report was released just moments ago and it shows that the United States added 73,000 jobs last month. That is less than the 100,000 that economists had expected. The unemployment rate saw a slight increase to 4.2%. The report also revealed job totals for June and May were revised much lower, down a combined 258,000 from the previous announced levels. That's significant. Joining us now, NBC News senior business analyst and host of the 11th hour, our friend ...

Jobs data tomorrow will be important.Could give us the reversal back above Monday Low and to the yellow line again, but we are basically gambling at that point.If new jobs surges, then the likelihood for a rate cut in september is slim to noneIf new jobs misses, then there is a higher chances for cuts.Watching that, but dont mind sitting flat till we get the data for the weekend.Easy (@EasyEatsBodega):The 2 Scenarios i see.As long as Yellow Line holds, we are going down the red path.Targeting 114,400 to 113 ...

FOMC no rate cut announcement was really the bottom for this ugly chop huh? ...

The market has officially lost its mojo. So, we're back to loving tech and just tech and not much else. That's how I feel after the Fed meeting today after it broke up with Fed Chief Jal explaining why policy is staying the same.There won't necessarily be a rate cut on the horizon. Not happening. Most of the market could benefit from a rate cut, but it would mean very little to companies like Microsoft or Meta.two hypers scaling members of the magnificent seven vertible nation states that shot the lights ou ...