Sean Brodrick – What Matters Post Fed Meeting, How To Play The Oil Price Pop

July 25, 2023

Sean Brodrick, Editor of Wealth Megatrends and contributing analyst to Weiss Ratings Daily joins us to share his portfolio management strategy heading into the Fed meeting and what he’s watching for post Fed meeting in terms of market reaction. We also have Sean look to the intermediate and longer term to discuss the potential of a wide trading range for markets and how he invests during those times.


We also focus on the oil sector as the price has risen this entire month and is close to breaking its trading range. Sean outlines the types of stocks he would invest in for this environment.




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    Jul 26, 2023 26:31 AM

    Another great open: + seventy cents

      Jul 26, 2023 26:42 AM

      Locked in place, day after day. Markets don’t work that way.

        Jul 26, 2023 26:21 AM

        Nothing new with “Fed WeeK”. A known .25 increase was bad for the miners. Had it been a .25 decrease, it would have been bad for the miners.

    Jul 26, 2023 26:12 AM

    Following the Federal Reserve interest rate decision today, I am expecting the “price of gold” focus to shift to USA’s interest on debt. There should be an update to the St. Loius Fed’s estimates this week for 2Q2023 (1Q2023 was $928 Billion).

    Events to watch:
    (1) The USA Congress’s Appropriations process for the yearly budget is ongoing, with concommitant distractions.
    (2) A $1,000 Billion (my 2Q2023 prediction) yearly expenduture for interest payments will become a much discussed issue, for the dramatic effect on appropriations (and the concept of a balanced budget). For example, the interest payments may exceed appropriations for one of most-expensive programs (Military, SS, Medi)
    (3) I expect the USA Congress to begin to blame the Federal Reserve interest rate hikes for the above budget predicament, along with many other national woes.
    (4) Guess what happens to the Federal Reserve Rate next?