She’s back, folks!
Janet Yellen told the Senate Finance Committee today that the U.S. should “act big” when it comes to another stimulus package.
Remember that name? The former chairwoman of the Federal Reserve has been nominated by President-elect Joe Biden to be the new Treasury secretary. She will likely be confirmed and become an integral part of the U.S. economy in the coming years.
Things are moving toward the next round of stimulus, and on today’s new episode of MoneyLine, I talk about the odds of a “big” plan and how the potential spending will be good for stocks … and a few other asset classes.
And speaking of other asset classes, bitcoin continues to hold strong in the high $30,000 range looks great on the long-term chart. But believe it or not, the world’s largest crypto isn’t the biggest news today …
That honor goes to the second-biggest crypto! Ethereum is getting close to an all-time high. I said a couple of weeks ago to keep an eye on this coin as it was setting up for a run to new historic highs — and now here we are. Watch the podcast to get my latest thoughts on the crypto.
Then, I pivot to discuss about the all-important future of transportation. Electric and autonomous vehicle stocks have been all the rage lately … and for good reason! However, I believe investors have overlooked the companies that are going to be major players in the future of this industry.
I’m here to make sure you’re not one of those investors. I name two stocks you need to be watching and provide my current insight on each.
Finally, I take your stock questions. The first five people who responded to my Twitter post this morning got their tickers analyzed — including a cryptocurrency miner, a biotech company, a cannabis business, and an interesting data play.
To get all this information and more, all you have to do is tune into this latest episode of MoneyLine now.
On the date of publication, Matthew McCall did not have (either directly or indirectly) any positions in the securities mentioned in this article.
Matthew McCall left Wall Street to actually help investors — by getting them into the world’s biggest, most revolutionary trends BEFORE anyone else. Click here to see what Matt has up his sleeve now.