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Podcast: Let It Grow Investing
Episode: Markets beat down from a hawkish Fed
Description: We take a look at all the things going on with the market this week! Powell sounded more hawkish in his recent speech and it looks as though we might see a more aggressive rate hike at the next meeting.
CME Fed watch tool spikes to 78% probability of 50 BPS hike at the next meeting in 13 days.
Awaiting jobs numbers, CPI and PPI
ADP Feb jobs report 242K jobs added, vs 200K expected
Biden proposes to increase Federal workers pay by 5.2%
Silvergate Bank in talks with FDIC about a possible injection of funds for the failing bank
Ford cuts...