Two rate cuts might not be enough, warns Wells Fargo’s Michael Schumacher

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  • Опубликовано: 29 апр 2024
  • Michael Schumacher, Wells Fargo, joins 'Fast Money' to talk what to expect from this week's FOMC meeting, if any rate cuts are on the table, the state of inflation, and more.

Комментарии • 81

  • @kurtKking
    @kurtKking 14 дней назад +325

    if inflation sticks for awhile they may have to hike however in the mean time i Recently bought some recommended stocks and now they are just penny stocks. There seems to be more negative portfolios in the last 3rd half of 2023 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?

    • @MickyGlover
      @MickyGlover 14 дней назад

      Just ''buy the dip'' man. In the long term it will payoff. High interest rates usually mean lower stock prices, however investors should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder.

    • @Kaustavpatell
      @Kaustavpatell 14 дней назад

      The truth is that this is really not as difficult as many people presume it to be. It requires a certain level of diligence, no doubt, which is something ordinary investors lack, and so a financial advisor often comes in very handy. My friend just pulled in more than $84k last month alone from his investment with his advisor. That is how people are able to make such huge profits in the market.

    • @frankedwardark
      @frankedwardark 14 дней назад

      nice! once you hit a big milestone, the next comes easier.. who is your advisor please, if you don't mind me asking?

    • @Kaustavpatell
      @Kaustavpatell 14 дней назад

      Actually its a Lady. Yes my go to person is a ‘Michele Katherine Singh '. So easy and compassionate Lady. You should take a look at her work.

    • @frankedwardark
      @frankedwardark 14 дней назад

      Thank you for this amazing tip. I just looked the name up and wrote her
      up, to schedule a call. many thanks

  • @brianwhitehawker1756
    @brianwhitehawker1756 12 дней назад +363

    I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $200K across markets but don't know where to start.

    • @yeslahykcim
      @yeslahykcim 12 дней назад

      the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.

    • @lucaswilliams9992
      @lucaswilliams9992 12 дней назад

      Even with the right strategies and appropriate assets, investment returns can differ among investors. Recognizing the vital role of experience in investment success is crucial. Personally, I understood this significance and sought guidance from a market analyst, significantly growing my account to nearly a million. Strategically withdrawing profits just before the market correction, I'm now seizing buying opportunities once again.

    • @Jadechurch-ql3do
      @Jadechurch-ql3do 12 дней назад

      impressive gains! how can I get your advisor please, if you dont mind me asking? I could really use a help as of now

    • @lucaswilliams9992
      @lucaswilliams9992 12 дней назад

      Laila artine kassardjian' is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

    • @geraldt331
      @geraldt331 12 дней назад

      Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.

  • @clintscott3300
    @clintscott3300 13 дней назад +22

    Current situation:
    1. Stocks are trading like the Fed already cut rates
    2. Bonds are trading like rate cuts aren't happening
    3. Gold is trading like we are on track for a "soft landing"
    4. Oil prices are trading like we are entering a recession
    5. Housing markets are trading like nothing is happening
    Nothing adds up here.

    • @benalfredo
      @benalfredo 13 дней назад +1

      Wall Street landlords being barred from purchasing houses. The Fed made it public news like them and their cohorts won’t still be the first to scoop Treasuries that they manipulate to be more profitable than owning mortgages in the long term.

    • @RyanBen-zc7bi
      @RyanBen-zc7bi 13 дней назад

      Yes, it's due to concerns about their impact on housing prices and accessibility for regular buyers. You can be on the winning side if you act fast and sometimes get insider information that can help you beat the market. I don’t believe in tracking broad indexes.

    • @TonyRiley-qb7sw
      @TonyRiley-qb7sw 12 дней назад +1

      Of bonds & housing, I've heard of a fiduciary and estate manager, Monica Mary Strigle sh employs sophisticated strategies exploiting the spread on mortgage rates and the yield on mortgage-backed securities or collateralized debt obligations to yield substantial profits for clients.

  • @dougmanzo9648
    @dougmanzo9648 15 дней назад +13

    Rates come when things get bad. Not as a gift

  • @huruhooroo
    @huruhooroo 14 дней назад +1

    CNBC should add subtitle to all their videos, something like "All data is of April 30, 2024" to avoid confusion in the viewers' minds everytime they show some data.

  • @starship519
    @starship519 15 дней назад +13

    Not enough😂 we need 10 hikes

  • @dreamoi363
    @dreamoi363 15 дней назад +3

    - So is the economy safe?
    - 50/50
    - like 50% it remains stable, 50% we go into a multiyear depression?
    - 50/50

  • @crusso9
    @crusso9 15 дней назад +19

    Did Karen fart at 2:57

    • @supadave422
      @supadave422 15 дней назад +5

      100% she ripped one

    • @europana7
      @europana7 15 дней назад +7

      I can smell it on my phone ...

    • @anthonytan582
      @anthonytan582 14 дней назад +1

      no it was her chair

    • @ElJefe360
      @ElJefe360 14 дней назад +4

      Yeah she did. She said after the interview that she had a Carne Asada Burrito with extra Guac from Chipotle. Thats why she didnt say anything the first 2 minutes of the interview. She was holding it… 🤦🏻‍♂️

    • @liudizzle
      @liudizzle 14 дней назад

      I’d smell it

  • @shanetowne6530
    @shanetowne6530 14 дней назад +2

    Everyone this channel interviewed has been wrong. Watch at your own risk.

  • @The-Capitalist
    @The-Capitalist 14 дней назад +5

    For those who don't know, the FED follows the 2 year yield for FED Funds decisions. It is currently below FED funds signaling that a hike is nowhere near consideration. Plus, Volker cut rates with double digit CPI and cuts were present in 08 with a higher CPI than now. All of a sudden the FED is married to CPI.

    • @pjeverly
      @pjeverly 14 дней назад +1

      Thank you for explaining that. Honestly didn't know. Nice explanation.

  • @emmany5302
    @emmany5302 15 дней назад +2

    The US budget deficit is astronomical so interest rates will have to remain high to attract buyers of US debt.

  • @free-qe6wx
    @free-qe6wx 15 дней назад +4

    His clients are saying a hike is a stretch? Well, that is very reassuring. 🤣🤣🤣

    • @danielb7253
      @danielb7253 14 дней назад

      u laugh..how many times have we seen fundamentals ignored and the market makes new highs..simple as that

    • @kokits
      @kokits 14 дней назад +1

      Haha 😂 By the way…my kebab guy agrees too

    • @danielb7253
      @danielb7253 14 дней назад +1

      @@kokits anything is possible lol

    • @free-qe6wx
      @free-qe6wx 14 дней назад +2

      @@kokits My cats are very bullish on Tesla thanks to Harry Chu. 🤣🤣🤣🤣

  • @GM4ThePeople
    @GM4ThePeople 15 дней назад +4

    "Michael Schumacher" is an anagram for "Charisma Leech Much?" o/

  • @MatthewMS.
    @MatthewMS. 15 дней назад +3

    JP knows what to do. Buy stock in the best companies with a competitive moat and you will do well long term. It’s easy.

    • @Srednicki123
      @Srednicki123 14 дней назад

      blabla, you often know only in hindsight who had moat...

  • @darrenjames6309
    @darrenjames6309 14 дней назад +2

    When they say "is that a trend or NO" .. so irritating, why can't they say "is that a trend or NOT". Jeez, use correct English please!

  • @kokits
    @kokits 14 дней назад +1

    He has weatherman vibes

  • @JohnReynolds-ni5lv
    @JohnReynolds-ni5lv 14 дней назад +1

    Gold.

  • @deloachrd
    @deloachrd 14 дней назад

    I still laugh that they thought 4/5 rates cuts was coming months ago. I said it from day 1. I can only see 1 rate cut in maybe October or November. inflation is trending up some with rates as is so why the hell should they cut rates now going into the spring and summer months when everything will go up.

  • @chrischoir3594
    @chrischoir3594 14 дней назад +1

    0:33 it's up to his client whether or not the Fed hikes lol

  • @2023gainer
    @2023gainer 15 дней назад +2

    Global Investors still filling the EV sector Dips. Fisker... FSRN up 41 % week. 124 % Gains month. Lucid... Rivian...Xos Trucks.. . NIO... Archer Evtol Jets and more.

  • @justmythoughts2786
    @justmythoughts2786 14 дней назад +2

    Long as Mr joey Biden keeps spending America is gonna keep suffering

  • @chrisaycock5965
    @chrisaycock5965 15 дней назад +4

    If inflation sticks for awhile they may have to hike..

    • @walden6272
      @walden6272 14 дней назад

      Fed wants inflation. 2% is their desire inflation rate.

  • @mihai981
    @mihai981 14 дней назад

    No they not! Look at Cannabis stocks

  • @chrischoir3594
    @chrischoir3594 14 дней назад +1

    this guy is always shilling fed cuts

  • @dyackygaming260
    @dyackygaming260 14 дней назад

    the dollar will experience a slight jump

  • @karthik3685
    @karthik3685 15 дней назад

    Michael Schumacher ??

  • @JonasTanner
    @JonasTanner 15 дней назад +4

    ❤️I will be forever grateful to you miss Caroline Anthony, I really don't know how to appreciate you, you change my life and my family situation, a huge thanks to her expert Caroline...

    • @Andrewjones-wt2gq
      @Andrewjones-wt2gq 15 дней назад

      I've been investing in Bitcoin by myself. I'm not really happy with what's going on, just few weeks ago I lost about $7,000 in a particular trade. Can you help me out or at least advise me on what to do?

    • @JonasTanner
      @JonasTanner 15 дней назад

      I will advise you stop trading on your own if you keep losing. And i don't trade on my own anymore, I always required help and assistance

    • @JonasTanner
      @JonasTanner 15 дней назад

      from my personal financial advisor

    • @Andrewjones-wt2gq
      @Andrewjones-wt2gq 15 дней назад

      Isn't she the same Mrs Caroline Anthony that my neighbors are talking about, she has to be a perfect expect for people to talk about her so well.

    • @WatfordLouis
      @WatfordLouis 15 дней назад

      YES!!! That's exactly her name (CAROLINE ANTHONY ) so many people have recommended highly about her and am just starting with her from Brisbane Australia