Eddie Ghabour Sees Fed Roadblocks Ahead, "Healthy" SPX Equal Weight Rally

By Schwab Network

Community Score: 50% | 1.1K views | 4d

0 community ratings: null thumbs up, null thumbs down

Eddie Ghabour is surprised the 10-year yield has not moved much and believes the Fed still has a long road ahead even though CPI shows inflation moving in the right direction. He expects Fed Chair Kevin Warsh to signal tightening at Jackson Hole at the end of August. In equities, Eddie points to a steady rise in the S&P 500 Equal Weight as a clear sign the market environment remains healthy. His stock picks include Eli Lilly (LLY) and Unity Software (U). ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185 Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7 Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore Watch on DistroTV - https://www.distro.tv/