Fed, I don't believe you (Ep. 39)

Ready for this week's market updates?

In this episode, Ryan Detrick & Sonu Varghese talk about the recent Fed decision, its impact on the market, and general markets update. They cover inflation, retail sales, and statistics on the housing market. Additionally, they touch on the importance of diversifying your portfolio and being cautious about chasing shiny objects.

Ryan and Sonu discuss: 

• The recent Fed decision, projections for the economy, and the impact on the market
• An explanation of core inflation, the impact of energy, food, and vehicles, and the role of housing in the consumer price index
• An analysis of retail sales data, including auto sales and building materials, and its implications for consumer spending
• An explanation of the difference between headline and core inflation and how consumers experience inflation in their daily lives
• The recent positive housing data, including a 22% increase in housing starts in May and a 5% increase in permits data
• The recent strength of the stock market
• The mid-year outlook and potential gains in the stock market for the second half of the year
• The idea of diversifying investments outside the US, including mid and small-cap stocks, and sectors like energy and industrials
• And more!

Connect with Ryan Detrick: 

• LinkedIn: Ryan Detrick

Connect with Sonu Varghese: 

• LinkedIn: Sonu Varghese

Investment advisory services offered through CWM, LLC, an SEC Registered Investment Advisor. Carson Partners, a division of CWM, LLC, is a nationwide partnership of advisors.