SpaceX, The Fed, and the Next Market Move
On Daybreak with Steve Gruber, Nick Hopwood, CFP®, discusses the latest economic data, including strong job numbers, moderating inflation, and what the hard data says about the current state of the U.S. economy. The conversation explores whether the Federal Reserve is more likely to hold rates steady, cut rates, or even consider future rate increases.
Nick also examines reports surrounding a potential SpaceX IPO, what it could mean for investors, and why excitement over high-profile public offerings should be tempered by history. Looking at more than 20 major companies that went public over the past two decades, including Facebook, Twitter, Shopify, Uber, and others, Nick explains the common pattern of post-IPO volatility and why investors should think carefully before making decisions driven by FOMO.
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