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Show Notes
A record 13 straight up days for the DOW!!!
Federal Reserve
* Jerome Powell and team raised rates by .25 basis points.
* Forecasts No Recession
* People are still getting too many good jobs.
* Not enough unemployed
* Inflation is still too high
* Wants to decrease security holdings
* It will take time for what they have done to impact inflation
3:00pm ET Screenshot
Once Jerome Powell finished speaking
$META Facebook reporting after hours and I must say it was impressive.
* Beat revenue estimates by 3% & beat guidance by 4.1%.
* Slightly beat user growth estimates for Facebook & its Family of Apps (FOA)
* FOA revenue beat estimates by 3.8%.
* Beat ad impression growth estimates of 17.8% Y/Y with growth of 34% Y/Y.
$CMG Chipotle was down -8.76% after earnings
Financial Freedom is not free but the pursuit is worth the treasure. Building a community with that goal. Let's go get it!