Fast Money Blog- 4/5/24

This was another positive week for Wall Street. 

Let’s take a closer look:

This past Wednesday, April 3rd, Fed Chair Jerome Powell stated that the Fed needs more time to assess the incoming economic data before they can begin cutting interest rates. Wall Street received this news as generally positive. 

Also on Wednesday, The Walt Disney Company (DIS) won a hard-fought proxy battle against a group of activist investors who sought to secure seats on the company’s board of directors. This was a huge victory for Disney CEO Bob Inger as he continues his quest to rebuild Disney into the relevant entertainment company it once was.  

On Friday, April 5th, data showed the U.S. labor market remains strong, adding 303,000 jobs in March. 

On another note, don’t forget on Wednesday, April 10th, you will be able to register at a deep discount for this year’s Wealthy Investor Fast Money Stock Trading Intensive in Maui, HI. Check your inbox next Wednesday for all the exciting details! And yes, once again, there is a discount to bring along your spouse.

There’s a lot to look forward to. Stay open and stay positive!

Your favorite wealth coach,

Tyrone Jackson, The Wealthy Investor