Market Crash? | Fed Meeting Dot Plots | Inflation Break | Apple’s AI Breakout |

Broken Pie Chart

Derek Moore and Jay Pestrichelli, CEO of ZEGA Financial are back with a Fed meeting day edition where they break down the new end of year interest rate dot plots and Jay Powell’s press conference. Plus, they riff on Harry Dent’s latest prediction saying Nvidia is going down 98% and why the doom and gloom crowd are harmful to investors. Later discussing Apple’s breakout after their AI announcement at WWDC conference and the reaction to the CPI inflation print. All this and more!

Apple’s AI WWDC announcement reaction by the stock market

Apple vs Nvidia vs Microsoft for the title of largest market cap

Buy the Rumor Sell the News Buy the News on Apple

Post Fed Meeting announcement reaction

Fed newest Dot plots and what they say for the year end target for interest rates

The fed funds futures moves intraday

How to calculate the implied fed funds rate

Inflation print comes in light but year over year numbers still above Fed’s target

How the CPI Supercore is still running over 4.8% year over year

Harry Dent says markets are going to crash but has said the same thing over and over again

Why doom and gloom predictions are harmful for investors

Reviewing some past Harry Dent prognostication

Harry Dent says Nvidia may go down 98% while the Nasdaq will see a -92% crash

Battle for the largest market cap between Apple, Nvidia, and Microsoft gets interesting

Mentioned in this Episode

Harry Dent predicts Nasdaq to crash 92% https://www.livemint.com/market/stock-market-news/boy-this-is-over-economist-harry-dent-predicts-98-crash-in-nvidia-92-drop-in-nasdaq-heres-why-11718162529764.html

CBS News article “Harry Dent and the chamber of poor returns” https://www.cbsnews.com/news/harry-dent-and-the-chamber-of-poor-returns/

GameStop Option Bets | S&P Too Top Heavy? | Nvidia Passes Apple | Upcoming Banking Problems from Mortgages? https://podcasts.apple.com/us/podcast/gamestop-option-bets-s-p-too-top-heavy-nvidia-passes/id1432836154?i=1000658371572

Derek Moore’s book Broken Pie Chart https://amzn.to/3S8ADNT

Jay Pestrichelli’s book Buy and Hedge https://amzn.to/3jQYgMt

Derek’s new book on public speaking Effortless Public Speaking https://amzn.to/3hL1Mag

Contact Derek [e-mail]

www.zegafinancial.com