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- Nov 14th Stock Market Update - The Fed won't move quickly on lowering interest rates
Nov 14th Stock Market Update - The Fed won't move quickly on lowering interest rates
$NXPI $LI $CAVA
Market
“The chairman of the Federal reserve Jerome Powell mentioned that the data coming from the economy does not indicate that the Fed needs to be aggressive on lowering interest rates, which made markets pause and go lower” 😊 🤒
Markets moved lower on news that Fed will move slower on lowering rates
Google, Meta and Microsoft, all got news that they were being fined or being under the government scanner - either in the EU (Meta) or CFPB (Google) and FTC (Microsoft) and will be fined.
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Today’s video is on Cava Mezze $CAVA the mediterranean restaurant.