Info

Full Court Finance

Ben Rains takes on the weeks top trending stories in the sports industry
RSS Feed Subscribe in Apple Podcasts
Full Court Finance
2019
September
August
July
June
May
April
March
February
January


2018
December
November
October
September
August
July
June
May
April
March
February
January


2017
December
November
October
September
August
July
June
May
April
March
February
January


2016
December
November
October
September
August
July
June


All Episodes
Archives
Now displaying: Page 1
Dec 16, 2016

On today’s episode of the Zacks Friday Finish Line podcast, Content Writer Ryan McQueeney and Editor Maddy Johnson take on this week’s biggest story: the latest Federal Reserve interest rate hike.

The hosts kicked off the show with another look at oil prices. Oil hit $54 a barrel for the first time in over a year and a half on Monday as investors reacted to the news that several non-OPEC nations, including Russia, will be joining the cartel in cutting their production.

Find out more here: Here's Why Oil Prices Are Soaring

Maddy and Ryan also talked about President-elect Donald Trump’s technology summit, which featured appearances from executives from Apple (AAPL), Alphabet (GOOGL), Facebook (FB), Microsoft (MSFT), Amazon (AMZN), and many more industry leaders.

Check out more about the meeting: Tech and Trump: Can They Find Common Ground in New York?

Finally, the hosts talked about the Federal Reserve’s decision to raise interest rates again this week. On Wednesday, the Fed announced that it is raising the benchmark interest rate by a quarter percentage point higher, from the current range of 0.25% to 0.50% to the range of 0.50% to 0.75%.

Maddy and Ryan talked about what the rate hike means for the state of the economy, and the hosts also welcomed Kirk Du Plessis, the founder of Option Alpha, to discuss the performance of the stock market both before and after previous rate hike cycles.

Here’s our full coverage on rate hikes: Federal Reserve Raises Interest Rates to Between 0.50%-0.75% & How Do Fed Interest Rate Hikes Affect Stock Performance?

As always, thanks for checking out this week’s episode of the Zacks Friday Finish Line, and make sure to check back next week for even more news from the investment and financial world!

Stocks that Aren't in the News. Yet.

You are invited to download the full, up-to-the-minute list of 220 Zacks Rank #1 "Strong Buys" free of charge. Many of these companies are almost unheard of by the general public and just starting to get noticed by Wall Street. They have been pinpointed by the Zacks system that nearly tripled the market from 1988 through 2015 with a stellar average gain of +26% per year. See these high-potential stocks free >>

0 Comments
Adding comments is not available at this time.