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Brian Stewart

๐Ÿ‘ค Speaker
871 total appearances

Appearances Over Time

Podcast Appearances

Wall Street Breakfast
Wall Street Roundup: big name earnings

And then just among other notable stocks, you've got Uber, you've got Qualcomm, and then a bunch of pharmaceutical stocks are coming out, Merck, Lilly, Pfizer.

Wall Street Breakfast
Wall Street Roundup: big name earnings

So keep an eye on those as well.

Wall Street Breakfast
Wall Street Roundup: big name earnings

Well, I was just going to say, like, on the leisure front, too, Disney's coming up.

Wall Street Breakfast
Wall Street Roundup: big name earnings

So if you're following up on sort of the Southwest Royal Caribbean kind of piece of the market, I think Disney and their theme parks and that kind of thing, I think would be very useful in that front.

Wall Street Breakfast
Wall Street Roundup: big name earnings

Yeah, it's hard for me to say more than Kim would.

Wall Street Breakfast
Wall Street Roundup: big name earnings

I would point listeners to check out that for sure.

Wall Street Breakfast
Wall Street Roundup: big name earnings

I think the most interesting part of this is, well, for one thing, with Trump nominating his own person to succeed Powell, you're going to see the political temperature turn down a little bit.

Wall Street Breakfast
Wall Street Roundup: big name earnings

But I do think that there's going to be concerns about the independence of the Fed in the sense that Powell was extremely, he drew a very

Wall Street Breakfast
Wall Street Roundup: big name earnings

bright line.

Wall Street Breakfast
Wall Street Roundup: big name earnings

He was not going to be influenced.

Wall Street Breakfast
Wall Street Roundup: big name earnings

He was not going to be bullied.

Wall Street Breakfast
Wall Street Roundup: big name earnings

He was going to do what he thought was right.

Wall Street Breakfast
Wall Street Roundup: big name earnings

And I think a lot of investors and a lot of market watchers had issues with what Powell thought was right.

Wall Street Breakfast
Wall Street Roundup: big name earnings

I think a lot of people thought he was late in the post-pandemic environments.

Wall Street Breakfast
Wall Street Roundup: big name earnings

He let inflation get

Wall Street Breakfast
Wall Street Roundup: big name earnings

out of control a little bit and then wasn't able to tamp it down fast enough.

Wall Street Breakfast
Wall Street Roundup: big name earnings

And we're still sort of living with the aftermath of that.

Wall Street Breakfast
Wall Street Roundup: big name earnings

So I think there's a lot of criticism that can be laid at Powell.

Wall Street Breakfast
Wall Street Roundup: big name earnings

But the one thing that he was unbending about was the bright line between the Fed and the sort of political parts of the government.

Wall Street Breakfast
Wall Street Roundup: big name earnings

And so with Warsh owing his appointment to Trump, I think it becomes clear