John Love, President and CEO of USCF Summerhaven, and Erik Stafford, Professor at Harvard Business School, discusses the company's release of two new private equity ETFs that have been created to be budget-friendly for every investor. The company rang the Opening Bell at the New York Stock Exchange to celebrate the release.
Stafford discusses how he created the ETFs, and the design that went into each one. Love talks the differences between BUY and BUYN, noting that the latter is a subset of BUY that focuses on natural resources.
Chair Jerome Powell says the Federal Reserve only expects to cut rates once in 2024. But at least, as one economist says, ‘rate hikes are off the table.’
With the Fed likely set to leave rates unchanged, lower and middle income Americans will continue dealing with higher credit card interest and expenses.
