cover of episode Affirm CEO On Consumer Spending; Rivian CEO On Challenges 11/7/24

Affirm CEO On Consumer Spending; Rivian CEO On Challenges 11/7/24

2024/11/7
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People
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David Zervos
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Julian Emanuel
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Max Levchin
R
RJ Scaringe
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Stephanie Link
首席投资策略师和股票投资组合经理，曾任职于Nuveen和TheStreet，现任高塔威尔财富管理公司首席投资策略师。
Topics
David Zervos：认为美联储降息25个基点是积极信号，市场反应正面。他分析了美联储对通货膨胀的信心以及对就业市场的评估，认为美联储的政策是合理的。他还指出，债券市场对降息的反应相对温和，这有助于股市上涨。他认为，市场喜欢‘无聊’，本周三大事件（选举、美联储会议、中国刺激政策）顺利度过，市场表现良好。 Stephanie Link：赞同美联储降息是合理的，并强调鲍威尔主席谨慎行事，避免过早宣布胜利。她分析了美联储对就业市场的满意度，以及对通货膨胀的关注。她还评论了鲍威尔主席在新闻发布会上对政治问题的回应，认为他专注于控制其所能控制的因素，并完成其工作。她对短期通胀数据和未来货币政策的走向进行了分析，并表达了对市场未来走势的乐观态度。

Deep Dive

Chapters
The Fed's decision to cut rates by 25 basis points and its impact on the market are discussed by experts, including the potential for a 'boring' but stable market environment.
  • Fed cuts rates by 25 basis points.
  • Market reacts positively to the Fed's decision.
  • Experts discuss the nuances of the Fed's confidence in inflation and employment trends.

Shownotes Transcript

The S&P 500 and Nasdaq closed at record levels after the Fed cut by 25 basis points. Hightower's Stephanie Link and Jefferies' David Zervos break down what it means for investors. Earnings from Airbnb, Expedia, Block, Pinterest, Rivian, DraftKings, Affirm and Cloudflare. Affirm CEO Max Levchin talks about the latest results, latest trends on consumer growing and its growing number of merchant partners. Rivian CEO RJ Scaringe on why the company is seeing larger losses per car in than a year ago and what's ahead.