Craig on Air
Craig’s Economic Update July 2nd 2024 on LI News 103.9 FM
The show began as Craig discussed why the tech-heavy NASDAQ index has outperformed both the Dow Jones and S&P 500 indices this year. He then explained how trading volume tends to slow down during this time of the year as many traders begin to take summer vacations. He also noted the importance of a critical economic update about job creation before explaining both unemployment and labor force participation rates and where they both may be trending in the coming months. He finished with a discussion of some recent Supreme Court decisions that could have wide-spreading implications on the markets, with potential alleviation of regulations for both large and small companies.
Craig’s Economic Update July 1st 2024 on LI News 103.9 FM
Craig began this show by ushering in the third quarter and reflecting on the performance of major indices, debt securities, and commodities. He then briefly talked about the implications of European elections before evaluating the surprisingly low volatility in the markets in this critical election year. He then discussed the fabled ‘magnificent seven stocks’ and how they’re propping up a large portion of the market before finishing with the importance of both cybersecurity concerns and the future implications of the expiration of the Tax Cuts and Jobs Act.
Craig’s Economic Update June 27th 2024 on LI News 103.9 FM
Craig began the show by discussing success in the consumer discretionary sector as a major driver of overall market success. He then delved into the implications of different European elections including the campaign of French President Emmanuel Macron. He touched on a strong earnings performance from FedEx which has driven up the stock price before discussing how inflation has driven the price of certain Fourth of July staples to unreasonably high amounts. Craig finished this show by noting the significant drop in the use of cash in transactions across many countries including the United States.
Craig’s Economic Update June 26th 2024 on LI News 103.9 FM
Craig began today’s show by discussing some movements in major market indices and how Home Depot and Walmart seemed to fuel a decline in the Dow Jones Index. He also touched upon Nvidia’s rapid fluctuations in value and how that has deflated the firm from its previous top spot in market capitalization. Craig finished by discussing the difficulties for the youngest generation between job opportunities and expensive housing before elaborating on the importance of understanding taxation and what the expiration of the Tax Cuts and Jobs Act could present individuals.
Craig’s Economic Update June 24th 2024 on LI News 103.9 FM
Craig began today’s show by discussing major indices and treasury bond movements. He then touched upon the devastating effects of post-COVID inflation before finishing by discussing the upcoming debate and how the subsequent election could affect multiple levels of taxation such as capital gains and income tax present in the Tax Cuts and Jobs Act of 2017.
Craig’s Economic Update June 21st 2024 on LI News 103.9 FM
Craig began today’s show by discussing Nvidia’s importance as a driver of market growth along with how this has affected certain stock indices. He then delved into a critical conversation regarding the issue of increasing credit card debt for consumers. He also broke off into a breakdown of why many fast-food companies have realized the importance of providing deals to entice customer purchases. He finished by revisiting the issues present with credit card debt, providing multiple methods to remediate the issue of late payments while also emphasizing the importance of leaving credit card debt in the past once it’s balanced.