Craig on Air
Craig’s Economic Update June 20th 2024 on LI News 103.9 FM
Today Craig began with a discussion of certain international equities, the global central bank, and how elections across Europe could affect certain price movements. He then discussed elections in a broad sense and how they affect markets. Craig then transitioned into a discussion of the implications of the upcoming election and its effect on policies like the Tax Cuts and Jobs Act, emphasizing potential moves to begin taxation on wait staff tips. He finished the show by discussing the upcoming presidential debate and election and how current polling seems to reflect a narrowing of the lead between both major candidates.
Craig’s Economic Update June 13th 2024 on LI News 103.9 FM
Today Craig began with an explanation of promising CPI and inflation news and the effects of this data on interest rate movements by the US Federal Reserve. He then transitioned into a discussion of new market highs and the importance of AI and small-cap growth in that movement. He also broke off into more specific topics, discussing the constant tension between the Disney Corporation and Florida Governor Ron DeSantis, and the larger implications of notable food phenom Joey Chestnut’s expulsion from the famous Nathan’s hot dog eating contest on the Fourth of July.
Craig’s Economic Update June 10th 2024 on LI News 103.9 FM
Today Craig began by evaluating drops in some of the major indices. He also discussed the stronger-than-expected job growth report and how immigration and part-time workers contribute to this unexpected report. He finished by discussing Apple’s new partnership with Open AI, Alphabet’s anti-competition lawsuit settlement, and the industry-wide slowdown in electric vehicle sales.
Craig’s Economic Update May 17th 2024 on LI News 103.9 FM
Today Craig began by acknowledging the Dow Jones’s historical move across the 40,000-point mark and what this means from an investor perspective. He then changes direction, discussing how large sports leagues like the NFL have begun broadcasting games on different streaming services, voicing his concern regarding this strategy due to large fan pushback and current economic uncertainties revolving around issues like consumer savings.
Craig’s Economic Update May 16th 2024 on LI NEWS 103.9
Today Craig discussed key economic indicators including stagnation in CPI reduction, concerns about rising credit card defaults, and discouragement amongst the youngest class of labor market entrants. He also touched upon market movements in stocks such as Nvidia before elaborating on a controversial commercial Apple recently released for its new iPad product and how that could affect the company’s future stock movements.