The markets closed mostly in the red today following an address by the new Fed Chair, Jerome Powell, to Congress. Chad Morganlander is a Portfolio Manager at Washington Crossing Advisors, and he joins Cheddar to break it all down.
When asked about the recent volatility of the market, Morganlander says that no one thing should be blamed. ETFs are not the route of the recent volatility. Overall, Morganlander says the markets are fine. He explains that as rates rise, there will be more volatility.
Morganlander anticipates that rates might be raised 2 or 3 times in 2019.
When asked if markets will bounce back after a day that mostly ended in the red, Morganlander said that is anyone's guess.
Overall, Morganlander expects markets to be more volatile this year than they were in 2016 and 2017.
Jay Woods of Freedom Capital Markets shares thoughts on how the latest inflation report will impact the market, and why he expects a ‘cascade’ of IPOs if Reddit’s public debut goes well.
During AT&T's widespread outage Thursday, landline phones were a working alternative — which most of the U.S. does not have. Over half of Americans are estimated to have ditched landlines altogether.
Jade Kearney Dube, Founder & CEO of She Matters talks the Symptom Tracker app, cultural competency for healthcare providers, and being a Black woman CEO looking for funding.
Ahead of April’s planned BitCoin halving, Bitfarms CEO Geoff Morphy shares why he thinks the crypto rally will continue, plus why you’ll see a broader adoption of clean energy for mining.
Did you know there's a big difference between a dude ranch and a working cattle ranch? Check out the new generation of ranches, and live out your cowboy dreams.
Lara Rhame, FS Investments chief U.S. economist, discusses the recent market highs, how the job market is in a ‘good place,’ and why rates staying higher for longer might not be a bad thing.
