Jobs data increases the likelihood that the Fed will cut twice this year, PNC's Gus Faucher

Gus Faucher, chief economist at PNC, joins 'Power Lunch' to offer his jobs report reaction and expected Fed outlook. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/42d859g
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[@MelindaMatsuda]

I think it's important to stick to stocks that are immune to economic policies. AI stocks that have the potential to power and transform future technologies. It seems AI is the trajectory most companies are taking, including even established FAANG companies. Maybe there are other recommendations?

[@ShellyHuerta]

I bought into NVIDIA around September last year because my financial advisor recommended it to me. She said the company is selling shovels in a gold rush. It accounted for almost 80% of my market return this year.

[@elegboozioma7267]

@@ShellyHuerta That's a great analogy and I love the insight. Professionals could make a really big difference in investing, and I think everyone should have one. There are aspects of market trends that are difficult for the untrained eyes to see.

[@MelindaMatsuda]

@@elegboozioma7267 That's a great tip. I'm setting out 50k to invest in the market this year. Any particularly useful tips you could offer to me?

[@elegboozioma7267]

@@MelindaMatsuda Victoria Carmen Santaella is the licensed coach I use. Just research the name. You'll find the necessary details to work with a correspondence to set up an appointment.

[@MelindaMatsuda]

@@elegboozioma7267 I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip

[@jayross3800]

Fun fact that the Main Street media doesn’t like to admit. The feds theoretical neutral rate (r star) isn’t a percentage rate, it’s an hourly wage rate.

[@myjourney1011]

Jobs increase but not paychecks

[@hobarttobor686]

If the Fed 'threaded the needle' it was dumb luck.

[@illegalsmirf]

Repress labor and make the rich richer. Got it.

[@rickhayes-oh2zm]

did you see a lot of housing defaults mr. magoo

[@2023gainer]

Strong consumer driving EV sales to new 17 million sales record. FSRNQ.. Fisker 8 % rise...37 % Gains .Zapp . Polestar...Joby Evtol Jets..Blade Evtol Jets..Plug...Blink Charging, more.

[@nickvin7447]

Then you have to admit how bad the economy is in an election year.

[@firstlast8258]

Giant meteor 2024