Gary Brode of Deep Knowledge Investing and Robb Fahrion of Flying V Group discuss the 5 Things to Know in Investing This Week: The Powell Just Hit the Panic Button Issue
This week, we’ll address the following topics:
-Jerome Powell spoke to Congress, and seems to have changed his approach. Has he gone insane?
-Lots of jobs reports. Can we trust the data?
-As Bitcoin hits an all-time high, the Bitcoin bears revise their selective memory AGAIN. I provide my view.
-Gold hits an all-time high. What does this mean? Risk-on and risk-off at the same time? Time to panic?
-Saudis keep production cuts. Brent crude back over $80. Gas prices rising.
-New York Community Bank ($NYCB) needs a huge capital infusion. Janet Yellen wrong again.
Ready for a new week of breaking the glass in case of emergency? Let’s dive in:
