Steep Sell-Off Erases Fed Rally // Should The Fed Show More Courage? - 5/5 (Hour 1)

The Financial Exchange Show - A podcast by The Financial Exchange Network

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(0:33) - The show opens with an in-depth discussion about the Fed. The central bank announced a half-point rate hike Wednesday which sent markets into a rally, however all of the day's gains are being lost in today's steep sell-off.(16:50) - Focusing on how the Fed missed the boat with inflation, which they claimed to be transitory for months throughout last year.(25:44) - Talking about Wayfair, which is struggling to become profitable and lost a significant amount of customers in Q1.(30:51) - Weighing in on how Americans are traveling, shopping, and going to concerts again at pre-pandemic levels.