Why Cathie Wood deserves your respect
Today’s episode of Wall Street Unplugged is brought to you by Masterwork. Fine art is delivering some incredible returns right now… and Masterworks opens up this elite asset class to Main Street investors. Their art offerings sell out quickly… but as a Curzio reader, you can skip the waitlist. . Description We start today’s show with some breaking news from the sports world: Tom Brady has (once again) announced his retirement. I share some wild stats that show why Brady truly is the greatest of all time. Later today, the Fed will announce its latest interest rate hike, followed by a press conference with Fed Chair Jerome Powell. Daniel and I break down how the market is ignoring the Fed’s words… why we expect Powell to take a hammer to the current rally… how high the Fed will push interest rates… and why this market makes me think of Batman vs. the Joker. Cathie Wood went on CNBC this morning to explain why she thinks disruptive tech will become a $200 trillion market… and Bitcoin will eventually hit $500,000. I have a ton of respect for Cathie… but I need to point out some problems with her forecasts. In this episode What makes Brady the GOAT [0:30] What to expect from today’s Fed meeting [4:15] Why this market reminds me of Batman vs. the Joker [9:10] How high will the Fed push interest rates? [16:50] [21:44] Cathie Wood’s forecast on tech and Bitcoin [22:40] Enjoyed this episode? Get Wall Street Unplugged delivered FREE to your inbox every Tuesday, Wednesday, and Thursday: https://www.curzioresearch.com/wall-street-unplugged/ Wall Street Unplugged podcast is available at: --: https://itunes.apple.com/us/podcast/wall-street-unplugged-frank/ -- : https://www.stitcher.com/podcast/curzio-research/wall-street-unplugged-2 -- : https://www.curzioresearch.com/category/podcast/wall-street-unplugged/ : https://twitter.com/frankcurzio :. https://www.facebook.com/CurzioResearch/ : https://www.linkedin.com/in/frank-curzio-690561a7/ :
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