Latest / Reformed Millennials - Learn Earn and Invest
#192 - How Pro Sports Split Playoff Revenues, Fed Raises Rates and Apple Bank
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* Business of winning a Championship
* Market update
* Federal reserve monetary policy
* Apple earnings
* Berkshire meeting
* Recommendations and Predictions
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📈📊Market Update💵📉
The big news from last week was Jerome Powell’s decision to raise the Fed Funds rate another 0.25%. This signaled what my people believe to be the last rate hike in a 14 month onslaught that saw the Fed raise rates 5%.
US stocks have weathered the most aggressive monetary policy tightening cycle since the late 1970s/early 1980s astoundingly well…
The skinny
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