There are concerns over lower Interest Rates, that did dampen profits, but that certainly helped markets overall trade up. Joining me now to look back and ahead is the founder of pointview Wealth Management and the president , david dietz with 400 million in assets under management. Its great to have you. This week i feel like it was a lot about the Federal Reserve. On friday you had the president of the new york fed saying, what did he say, lets prevent an ounce of prevention is better than getting behind. So he was advocating a 50 basis point cut in the rate from the fed in two weeks. Whats your take on what went on this week . Well, certainly, i think the fed is the number one story, of course, despite it was the start of earnings week, and the question is will they or wont they next week in terms of a rate cut, and if they do, how much. Were kind of getting baked in for a quarter point cut, but then, you know, williams came out yesterday and talked about when you have very little g
There are concerns over lower Interest Rates, that did dampen profits, but that certainly helped markets overall trade up. Joining me now to look back and ahead is the founder of pointview Wealth Management and the president , david dietz with 400 million in assets under management. Its great to have you. This week i feel like it was a lot about the Federal Reserve. On friday you had the president of the new york fed saying, what did he say, lets prevent an ounce of prevention is better than getting behind. So he was advocating a 50 basis point cut in the rate from the fed in two weeks. Whats your take on what went on this week . Well, certainly, i think the fed is the number one story, of course, despite it was the start of earnings week, and the question is will they or wont they next week in terms of a rate cut, and if they do, how much. Were kind of getting baked in for a quarter point cut, but then, you know, williams came out yesterday and talked about when you have very little g
Expectations. There are concerns over lower Interest Rates, that did dampen profits, but that certainly helped markets overall trade up. Joining me now to look back and ahead is the founder of pointview Wealth Management and the president , david dietz with 400 million in assets under management. Its great to have you. This week i feel like it was a lot about the Federal Reserve. On friday you had the president of the new york fed saying, what did he say, lets prevent an ounce of prevention is better than getting behind. So he was advocating a 50 basis point cut in the rate from the fed in two weeks. Whats your take on what went on this week . Well, certainly, i think the fed is the number one story, of course, despite it was the start of earnings week, and the question is will they or wont they next week in terms of a rate cut, and if they do, how much. Were kind of getting baked in for a quarter point cut, but then, you know, williams came out yesterday and talked about when you have
Expectations. There are concerns over lower Interest Rates, that did dampen profits, but that certainly helped markets overall trade up. Joining me now to look back and ahead is the founder of pointview Wealth Management and the president , david dietz with 400 million in assets under management. Its great to have you. This week i feel like it was a lot about the Federal Reserve. On friday you had the president of the new york fed saying, what did he say, lets prevent an ounce of prevention is better than getting behind. So he was advocating a 50 basis point cut in the rate from the fed in two weeks. Whats your take on what went on this week . Well, certainly, i think the fed is the number one story, of course, despite it was the start of earnings week, and the question is will they or wont they next week in terms of a rate cut, and if they do, how much. Were kind of getting baked in for a quarter point cut, but then, you know, williams came out yesterday and talked about when you have
Interest rates, that did dampen profits, but that certainly helped markets overall trade up. Joining me now to look back and ahead is the founder of pointview Wealth Management and the president , david dietz with 400 million in assets under management. Its great to have you. This week i feel like it was a lot about the Federal Reserve. On friday you had the president of the new york fed saying, what did he say, lets prevent an ounce of prevention is better than getting behind. So he was advocating a 50 basis point cut in the rate from the fed in two weeks. Whats your take on what went on this week . Well, certainly, i think the fed is the number one story, of course, despite it was the start of earnings week, and the question is will they or wont they next week in terms of a rate cut, and if they do, how much. Were kind of getting baked in for a quarter point cut, but then, you know, williams came out yesterday and talked about when you have very little gun powder, use it off quickly.