Joel Elconin - Fed, Quad Witch, Government Shutdown, Where Does It Leave Markets?
Joel Elconin, Co-Host of the PreMarket Prep Show joins us to discuss the volatile week for markets and look ahead to the last few days of the year.
We start with the Fed’s 25 basis point rate cut and future rate projections, as well as the market's volatility in response. Joel also shares insights on contributing factors to market jitters, including the quad witching expirations, political uncertainties in Washington, and external events like the bird flu in California. The discussion includes analysis of key market responses, including the role of major investors like Warren Buffett, the rebound in tech stocks, and the impact on commodities. We wrap up with Joel’s outlook for the remainder of the year and the challenges and opportunities investors may face in 2025.
