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.
James Stewart joins Cheddar to discuss his New York Times article on what really went on behind-the-scenes at Disney when Bob Iger took back his spot as CEO.
Steve Hill, CEO & President of Las Vegas Convention and Visitors Authority, talks all things Sin City including transportation news, nightlife and the Sphere!
AI is revolutionizing credit scoring by analyzing diverse data sources, enhancing accuracy & financial inclusion for those lacking traditional credit histories.
Founder & CEO at Align Business Advisory, Dena Jalbert, joins Cheddar to discuss the future of the M&A space and which sectors to watch out for. Watch!
Working five days a week has long been the corporate cultural norm. But some companies are exploring the option of letting employees work four days a week.
After a two-year-long high, interest rates are coming back to earth. So what happens next? Plus: Boeing's woes, UAW may strike, and of course Elon's World.
