13 min listen
Tech Is Still Hurting, But The Metaverse Is Full Steam Ahead
FromSchwab Network
ratings:
Length:
5 minutes
Released:
Feb 27, 2023
Format:
Podcast episode
Description
The Fed is going to continue to raise rates as inflation is still showing its ugly head, says Steven Orr. He talks about how we're still in a yield chasing environment. He notes that companies that have a buyback plan in place will do better than ones that do not. He mentions S&P 500 sector leaders which include consumer discretionary, industrials, and real estate. He then goes over how American Express (AXP) and Visa (V) are buying back their stock and they benefit from rising rates and consumer spending. Finally, he discusses how tech is still hurting, but the push to the metaverse is full steam ahead. Tune in to find out more about the stock market today.
Released:
Feb 27, 2023
Format:
Podcast episode
Titles in the series (100)
Nikola Founder Trevor Milton On The Electric Vehicle Industry by Schwab Network