Nick Magguilli NY Times Best Selling Author on the Wealth Ladder | The Fed Cuts So Now What?
By Derek Moore
Show Summary:
Nick Magguillia Interview – NY Times Bestselling Author on his new book The Wealth Ladder is our special guest this week. This wound up being a great conversation about personal finance, wealth, and looking at data differently. Later, Derek comes back on to discuss the Fed rate cut, mortgage rates, the historical spread between the 30-Yr Mortgage and the 10YR Treasury.
You can click below to listen:
Or Your Favorite Podcast App to Listen and Subscribe to Get Notified of New Episodes
The listening experience is better if you download the Spotify app, Apple Podcasts app, or your preferred podcast app and subscribe or follow so that you get each show as it is published.
Topics Include:
- Next companies that are likely to join the S&P 500 Index
- Employment rate and non-farm payrolls
- Government vs Private Sector jobs
- Gold Oil ratio and what it means at these levels
- The rally in Gold over the past couple of years
- Central Banks buying gold
- AVGO Broadcom earnings and forward PE ratio and forward EPS estimates
- Recession indicators
- S&P 500 Index net profit margins by decade (they are rising)
- Why margins may not revert to the mean
- Fed rate cut probabilities jump after employment report
Chart From Podcast
Spread Between 30 YR Mortgage Rate vs 10YR Treasury Yield
Source: Bloomberg, Historical 25 Year Monthly
Mentioned in this Episode
Nick Magguilli The Wealth Ladder
Nick Magguilli Just Keep Buying
Derek Moore’s book Broken Pie Chart
Jay Pestrichelli’s book Buy and Hedge
Derek’s book on public speaking Effortless Public Speaking
Contact Derek