Watch *BEFORE* Tomorrow [Wednesday Morning].
FULL TRANSCRIPT
11 A.M 11 A.M on Wednesday November 23rd
you should have your calendar marked for
that because we are about to get a
report that should have the biggest
shift that we have seen yet
and we're going to talk about exactly
what to expect what we're looking for
and what could happen in the stock
market obviously in this video where I'm
holding this not empty cup of coffee see
there's coffee
oh
the haters I think my cups of coffee are
empty how do I get as much done without
coffee I couldn't I couldn't do it
wouldn't happen I've tried it before I
just end up napping it's bad gotta have
coffee anyway this video is brought to
you by Mumu and the Black Friday coupon
code link down below of course folks
we're talking about the Federal Reserve
minutes which come out tomorrow tomorrow
at 11 A.M I will be live streaming the
release of these and this is the first
report that is coming out
that we expect to actually see the
Federal Reserve acknowledge the
two-sided risk of hiking and Hawking
keep in mind that this is also the
meeting where Jerome Powell first came
out and suggested hey you know we're
thinking about going with a slow down 50
basis point hike we had Nikki leaks
leaking the idea about the 50 basis
point hike for December which will be in
in about two and a half weeks from now
we had a lot of enthusiasm that came
about this potential Fed rate hike
slowdown and we had a lot of uh you know
recognition from Jerome Powell that hey
you know we've we've gotta and this is
what he said in the press conference
we've got to recognize that there are
lagging effects of monetary policies
that was the uh that was the first time
the very first time Jerome Powell
actually recognized and talked about the
lag of monetary policy the Federal
Reserve Open Market Committee statement
talked about the lag Jerome Powell
talked about the lag and that means they
talked about the lag in the meeting and
tomorrow we get the minutes for those
and it's the first meeting where we
actually are going to get a lot of lag
talk the only reason markets want really
fussy is because that one reporter
started yapping his trap about how
markets were rallying on what Jerome
Powell was saying which wasn't even true
at the time leading markets to sell off
when Jerome Powell ended up going hard
suggesting that it feels like we haven't
made any progress remember the takeaways
from last fomc meeting after the press
conference okay remember some of the
takeaways drum Powell said things like
it seems like we're not making any
progress it doesn't seem like things are
any better now than they were last year
at this time it doesn't actually seem
like we have sustained declines in
inflation now do keep in mind
this Hawking came as a result of a press
reporter asking a stupid question came
before the CPI report for October which
came in low before the low PPI report
the producer price inflation report uh
and uh came you know as a result of a
prompt from a reporter who wasn't
recognizing that like just give drum
Powell the opportunity to bask in the
idea of talking about a Slowdown in
rates and that's the discussion that
we're going to analyze tomorrow in
detail but I want to tell you exactly
what to look forward to tomorrow and
what the market could do with the
warning right after a message from our
sponsor and it's not the 60 off coupon
code for Black Friday it's Mumu but
before we get into that I want to thank
today's sponsor MooMoo Mumu is an
advanced a One-Stop trading app that
makes it easy for Traders to do any and
everything they need MooMoo offers an
earning calendar which is a clear and
customizable calendar that lays out
individual release dates of financial
reports for you being able to see when
reports come out is so crucial for
trading effectively and having all of
the reports listed and organized into
one calendar makes things a lot easier
than constantly trying to go around to
different websites that way you can get
the information you need when deciding
on your next big trade windmill also
offers fun tracking which allows you to
get a quick overview of the movement of
funds in the stock market to help you
make the best trading decisions if you
want to see what the big boys and girls
are up to it's tools like these that
separate MooMoo from any other trading
platform so at bare minimum try it try
it along the other platforms you're
using and check it out if you're a
beginner intermediate or Advanced Trader
moomoo's unique set of tools and Trend
visualizations make understanding Market
movements just that much easier and it's
something like stock trading it's those
little things that can make all the
difference boomu is also giving out ten
dollars of cash back when you complete
your first deposit of any amount
celebrating the company's 10th
anniversary only available when you sign
up via my link down below and on top of
that the more money you deposit the more
free stocks you can get up to 15 totally
free stocks check out those terms and
conditions via my link down below get
that cash back get those up to 15 free
stocks and for Australian users it's up
to 50 bucks Australian dollars cash back
when you deposit or so what are we
looking for tomorrow we are looking for
the following
What specifically is the Fed looking for
in terms of a lack because at the moment
we still have mixed signals from
consumers going through spending they're
borrowing more money where are they
suggesting the lag is Jerome Powell in
press conferences has told us that the
monetary policy lag might actually be
very short because Financial conditions
begin to tighten in anticipation of what
the Federal Reserve says turning on the
head this idea that it takes 18 months
for monetary policy to actually affect
markets what if that theory has been
revised what if we get commentary in the
fomc minutes tomorrow that suggests the
the Federal Reserve has concluded
monetary policy lags by six months well
then it's entirely possible that the FED
might say look what if we in these
minutes what if we were to pause in
March we would then see Peak fed
heightening hiking effects essentially
in September of 2023. folks almost every
estimate for inflation for September of
2023 is substantially lower and guess
what also starts potentially happening
in September of 2023. according to JP
Morgan we actually expect finally
shelter inflation to roll over that's
when we expect the lagging owner's
equivalent rent to actually roll over
September of 2023 should be a very good
period for markets as data actually
comes in really soft on not just
inflation across the board barring any
other kind of war or whatever uh That
Could That Could temporarily Spike
inflation or or covet outbreak or
whatever my gosh not that again
so we want to see
an understanding of what the FED views
as a lag how long is that lag how many
people think it's three months six
months or nine months because that's
going to give us a very interesting
trajectory of when the FED actually is
trying to align Peak tightness right
that will be very very good for markets
and the stock market likes to price in
uh its expectations for the future about
12 months in advance
so if we start thinking we're
potentially going to be in a trajectory
of stocks leading us out of a recession
come Q2 Q3 of 2023
markets could slowly start trying to
price that in and tomorrow we're not
going to have a press That's Hawking us
that's uh that's Hawk you know leading
Jerome Powell to to talk dirty to us
what we're actually going to get is
probably just the bullish talk the
bullish talk about a pause and lags
and we want to see how aggressive that
talk is how aggressive the talk of
two-sided risks of Hawking and Hiking
are and I believe we can actually see
a decent rally in the stock market
between tomorrow
November 23rd
and right before the CPI release next
month now that's going to be very
interesting because that's December 10th
uh December 10th we get the CPI release
uh sorry it's actually this the last one
was November 10th I'm sorry it's
December 13th December 13th let me
correct myself so I believe that between
now and December 13th between this fomc
meeting in December 13th we could
actually have quite a bit of optimism
for the market that we really haven't
gotten following the CPI and PPI reports
so that means we could have an
optimistic tomorrow markets are closed
Thursday an optimistic Black Friday and
Cyber Monday week and we probably won't
start seeing softness in the market in
my opinion until about December 8th to
12th as we prepare for not only the CPI
report but also the fomc meeting for
December
see markets do not like uncertainty and
what we've noticed for really the past
year is markets tend to sell down right
before CPI meetings or releases and
right before the FED meetings so in my
opinion you potentially and this is the
kind of stuff that we're going to be
doing a lot of I think in the trading
challenge is we'll be playing some
options uh probably selling calls
selling puts depending on volatility uh
charts and such which we'll be doing
together in the stocks and psychology
MoneyGram uh starting next Monday I
believe the week of the 12th through the
16th is going to be very very tenuous
you probably have very soft inflows the
8th through the 12th as we wait for that
CPI report and then of course the FED
meeting but between now where we're
expecting tomorrow a a actually quite
bullish and dovish fomc meeting report
uh and probably the seventh to 8th
actually have a little bear Market rally
for the next couple weeks depending on
what's set in this flomc report so I
would prepare for that I would prepare
for a potential bear Market rally over
the next two weeks it might not come to
fruition but the reason I would prepare
for it is I would start thinking to
yourself
if it's a bear Market rally what do you
want to do do you want to use that as an
opportunity to get out of margin to sell
some Shock that you've over concentrated
into does it mean potentially you want
to buy the dip today in anticipation of
that those are things that you want to
think of yourself obviously even though
I'm a licensed financial advisor I can't
give you personalized Financial advice
uh but I think the biggest broad-based
Financial suggestion for everyone is get
out of margin anyway that's what to
prepare for for tomorrow I'm optimistic
about it I'd like to dye my hair green
but we did a vote in the course member
uh section and it was close but it was
like 45 55 to not dye my hair green so
anyway I did run a poll and we will
respect that so cheers to that hopefully
you joined being a course member if you
have questions about custom bundling
send me an email on kevin.com we'll see
in the next one goodbye
UNLOCK MORE
Sign up free to access premium features
INTERACTIVE VIEWER
Watch the video with synced subtitles, adjustable overlay, and full playback control.
AI SUMMARY
Get an instant AI-generated summary of the video content, key points, and takeaways.
TRANSLATE
Translate the transcript to 100+ languages with one click. Download in any format.
MIND MAP
Visualize the transcript as an interactive mind map. Understand structure at a glance.
CHAT WITH TRANSCRIPT
Ask questions about the video content. Get answers powered by AI directly from the transcript.
GET MORE FROM YOUR TRANSCRIPTS
Sign up for free and unlock interactive viewer, AI summaries, translations, mind maps, and more. No credit card required.