Your Cheddar hosts Kristen Scholer and Tim Stenovec discuss the top news of the day. A recent study is blowing the conception that millennials are bad at saving out of the water. Plus, the Federal Reserve has a new Chairman....but they're coming in at a time where the U.S. dollar is at its lowest. All these and more on today's episode of Your Cheddar.
According to a new report, 16% of millennials have $100,000 or more in their savings account. Which proves that millennials may actually know what they're doing with their money. Other findings: 59% feel financially secure, 63% save money and 54% are budgeting.
Plus, Jerome Powell will take over for Janet Yellen as Federal Reserve Chairman in early February. Powell has been a Federal Governor since 2012. However, Powell is stepping into this position as the U.S. dollar is at its weakest point since 2014. The dollar's continuing decline is driven by a growing belief that major central banks outside the U.S. will shift away from their ultra-easy monetary policies this year.
Tim Bohen dives into the 'Trump Trade,' renewed tariffs, waning uncertainty, corporate guidance, and what the Fed’s next move means for traders and markets.
Wall Street icon Peter Tuchman dives into Apex Trader Funding’s partnership with Wall Street Global Trading Academy and what it means for the next-gen trader.
Matthew Frankel, contributing analyst at The Motley Fool, discusses the recent SPAC resurgence, investor interest, and what the data says about their future.
Axios’ Neil Irwin unpacks the political clash as the White House explores legal pathways to dismiss Fed Chair Powell, threatening central bank independence.
Shark attack survivor Paul de Gelder joins us to talk Navy diving, bull sharks, and his wild return in Air Jaws and more during Discovery’s Shark Week!
