 Hey, how's it going everyone Russell Moore with dedicated to financial literacy once again Monday, I thought I'd do a little video because the Fed the Federal Reserve is going to be having their big meeting on Wednesday And they're going to be announcing whether they're going to go Whether they're going to go up on the rates again, or they're going to kind of do some more Quantitative easing or put a pause on quantitative tightening right now And with all the bank issues with SVB and Silvergate and signature bank all these issues that happen Many people think that they might put a pause on the rates And how that would how would that affect a stock market and how would that affect? Homelones and car loans and you know bank Rates, you know credit cards all of that and So My personal feeling I believe they're going to go up 25 basis points a quarter I think they're going to go up to 25. I don't think they're going to pause and stop now. I'm not again I'm not mr. Expert check it out on Wednesday to see if they're deciding to go up 25 basis points Or are they going to freeze it or they're going to go down some people seem to think that they might go 50 50 basis points They might go up a half a literal half a point and so right now. We're at about 4.7 and but That's my son and they're yelling and screaming and getting out of the bathtub. He doesn't want to get out Didn't want to get in now. He wants to he didn't want to get in at first down once he's in he doesn't want to get out So anyway, so I only wanted to that's all I wanted to say keep your eye on it If we do not if we do not if he goes up 25 basis points I believe the market is going to go up on Wednesday. We're going to start seeing the market trend up If he pauses it's definitely going to go up If we say if he goes 50 basis points, you can probably bet that the market's going to go down as rate goes up Market goes down. So some people said well if it's going up 25 basis point wouldn't it go down not necessarily because That does mean that he is being a little bit more conservative and so Who I'm talking about is your own power Federal Reserve the big cheese of the Federal Reserve So anyway, I've really wanted and look this video get this this video. It's like two three minutes you guys today tonight I'll be keeping you posted. We'll be talking about this all week Monday Tuesday night I'll probably put in a much more exclude, you know kind of more details of what we can expect on Wednesday but I Definitely want to talk about some some stocks like meta Amazon Amazon right now, I'm gonna throw this in here. They're they're they're laying off 9,000 employees 9,000 and right now in the last three months, they've been up 8% meta has they both have put it They both have had two two times where they did layoffs Amazon this is gonna be their second one and I think they're totally in between the two of them. I think Amazon it's like 15 to 19,000 and now meta I think there are somewhere around 20,000 total Meta has been up about a hundred and twenty percent in four months. They're stock Facebook yeah meta Yeah, but it's more of a value stock Amazon is a growth stock more growth investors. So, you know But we'll talk about that probably in the future videos Oatly Oatly has just landed a deal with McDonald's in Australia. So that stock is up about 15% in the last couple of days Footlocker footlocker they had their earnings call they did it actually did pretty good And now they've revitalized their relationship with Nike. They're a good dividend stock and I really like it And now I think they were down 5% today I think I'm gonna go in and buy some of that footlocker stock. So but anyway, I'll keep you guys posted We'll see what the Federal Reserve is gonna do on Wednesday look forward. What about 8 between 8 and 10 in the morning? And we're gonna see how the market is going to be affected. What will Jerome Powell in the Federal Reserve do? Have a great evening you guys love you