Last Webinar of the Year & FED Meeting! (12/18/2024)
Summary:
In this December 2024 Fed Day webinar, Phil analyzes the latest Federal Reserve decisions and their market implications, while exploring broader economic trends heading into 2025. The discussion begins with insights on quantum computing and AI before diving into current market conditions, including concerns about low trading volumes and the recent market rally. Phil shares his value investing philosophy, reviews portfolio performances, and focuses on the Fed's latest projections and policy decisions. He expresses particular concern about the Fed's seemingly optimistic employment projections in light of accelerating technological displacement of workers across various sectors. Below is a timeline of major topics discussed.
Timeline:
0:00-3:00 - AI and Quantum Computing developments
3:00-5:00 - Market volume discussion, S&P ETF analysis
5:00-15:00 - Market rally analysis, discussion of 4,200 to 6,200 range
15:00-25:00 - Value investing philosophy and long-term strategy discussion
25:00-35:00 - AI impact on jobs and economy
35:00-40:00 - $700/month portfolio review (up 99.5% after 28 months)
40:00-45:00 - Money Tour Portfolio review (includes IMAX, AT&T, Barclays, Lockheed Martin)
45:00-50:00 - Short-term portfolio review and hedging strategies
50:00-60:00 - Fed meeting analysis
60:00-75:00 - Discussion of Fed projections, unemployment forecasts, and potential impact of Trump policies
75:00-90:00 - Analysis of automation impact on employment, critique of Fed's employment projections
Phil’s Weekly Trading Webinars provide an excellent opportunity to see what we do at PSW. Come join us next time as a Trend Watcher and subscribe! You’ll catch our weekly webinars iive!
Watch Phil’s past weekly webinars on our YouTube channel here >
