PCE Inflation Live | GOOG & MSFT up After Earnings
good morning good people decided to come
on this morning we’re going to talk
about we’re going to look at
pce we’re going to look at pce live for
those of you that don’t know my name is
Larry Jones this is stock up with Larry
Jones join us by hitting that like
subscribe and that notification bell all
right good people uh let’s get it going
I don’t see everything I don’t know
what’s going on all right there we go
all right good people there we go all
right we got
pce uh numbers coming up let’s see
what’s going on here all right let’s
look at the indices we got a minute left
before the numbers come out as we could
see the Dow is up right we got the Dow
up we got uh we can see the numbers
right here the Dow is up by 57 points
S&P is up 38 points and the NASDAQ is
roaring at
72 points positive at this time let’s go
back and see if we could get what’s
going on here all right come on on in
let’s here we go hey there my investing
curious friends welcome to opening bid
I’m Brian sa Yahoo finance’s executive
editor thank you for joining us either
on YouTube Yahoo finance or Spotify now
let’s make some money joining me today
is truist co-chief investment officer
and chief Market strategist Keith larner
also here’s a friend of opening bid
Yahoo finances very own andz Fay we have
three three topics uh to rip apart in
this episode number one while your stock
portfolio May that ain’t what’s
happening all right let’s get to these
numbers all right I know they’re out uh
they won’t let us air this stuff so I’m
going to cut it on so we can hear it for
the March pce inflation data Rick
santell is standing by Rick take it away
Market’s up ahead of the number
yes so we are waiting for of course the
personal income spending all the
associated inflation metrics this is a
March number uh looking for roughly up
half 1% on income and it delivers up
half a 1% up 05% on income a08 a08 on
spending or consumption and the 08 is
definitely warmer than expected uh it
actually equals our last look and our
last look that was the best since
January of 23 so backto back 8/10 of a
percent on spending of course revision
still may be forthcoming if we look at
inflation adjusted consumption or
spending called real personal spending
it’s also up more than expected up half
a 1% up half a one% equals December of
last year to find a bigger number you
have to go to January of last year now
let’s look at the deflator month over
month personal consumption expenditure
deflator expected up 310 delivers up
3/10 in the rear view mirror up 3/10 the
deflator year-over-year expected up 2.6
our first number that’s hotter than
expected up 2.7 and the rearview mirror
still un revised up 2.5 to find a bigger
number than up 2.7 you’re looking at
October of last year now let’s look at
the deflator month over month and this
is a core number expecting up 310 it is
up 310 backto back 310 finally the
year-over-year core deflator also
another year-over-year number and
another one hotter than expected up 2.8
we’re looking for 2.7 this was a very
talked about number maybe the most
talked about out of all of them and it
equals our last look which was 2.8 and
2.8 actually was the lowest the lowest
to find a lower number you’re going back
to March of 21 so back to back the only
issue is and I’m course of course I’m
sure many will say ah making huge
progress the reality is it’s stalling
and that is the issue nobody’s arguing
that progress hasn’t been made the issue
is what have you done for me today and
we do see some of these inflation
numbers remaining sticky I’ll be at
lower levels in a few years ago which
doesn’t mean there’s no inflation
there’s just less of it creeping in
every month Becky back to you excellent
recap Rick stay with us we’re going to
bring out a few more voices on this data
Stephanie Kelton is Stony Brook
University economics professor profess
Alison Sher is all right we’ll take it
we will take it as we could see the
numbers are still up look at that we’re
still positive this is what we wanted
after yesterday let’s look at a few
things all right let’s look at Microsoft
look at Microsoft good people uh and
this is of course before opening bell in
the pre-markets uh Microsoft is up for
percent uh man these earnings have been
actually really really good look at
Google Google is up
11% let’s look at Tesla
TSA look at Tesla Tesla’s pretty flat
let’s look at meta where did meta land
at where did meta
land I’m typing with my left hand good
people you guys know I’m right handed I
don’t know how you lefties do it I know
you’re the only one left in your right
Minds all right so we got meta is H up
by 1% look at that in the pre-markets uh
remember we got we started buying meta
uh listen good people this is when you
add to your long positions I know a lot
of people that are into uh options but
at some point you have to add to your
long positions I will get to you guys in
a minute you have to add to your long
positions you don’t want to do like so
many novice do by trading their way to
broke or just trading most will trade
their way even over a period of 10 years
if you truly want to build generational
wealth then you need to invest in some
Blue Chip companies like these all right
we could see here look at that meta um I
started buying at
419 and it’s 441 and I bought a lot of
it right Tesla I showed you guys where I
bought Tesla at right we bought Tesla at
140 when was that a month ago no just
before just before earnings right so we
bought Tesla at um a cheap price so we
are up with Tesla look at Google all
right I I didn’t add to Google which I
had it’s up
11% but I’ve been DCA all year with
Google these when when Tech
takes a hit I start to buy more when tax
starts Rising I buy less but I still buy
good people right and then Microsoft we
can see it’s up 4% in the pre-markets
okay so this one is not going to be long
uh I just wanted to come and uh share
this news with you uh I this is good
news after a day like yesterday um so I
need to see what the numbers are let me
see if I could pull those up now I’m
pretty sure that uh they’re coming over
now let’s see oh yeah here we go let me
do this this is the thing about live
live live live let’s see here we
go
uh news
today they won’t let us this stuff
anymore we get
flagged we get flagged all right well H
it’ll come in all right it’ll come in I
need live I need
live they’ll pop up all right so let me
uh answer let me uh talk with you guys
for a few and then we’ll just end it
right I’ll I’ll make another one uh
later today hey good morning good people
make sure you guys hit that subscribe
button I’m sorry like button you guys
are already subscribed I know that
what’s up family hey hey good morning
happy
Friday always on that $5 a day David T
you know it you know it we stay prepared
yes
sir good afternoon oh you in Nigeria hey
hey my Nigerian brothers and sisters man
I you guys need to send for me I need to
come to Nigeria right you guys get a
group of guys together and let’s see
what we could do okay
I want to come to Nigeria right I want
to come there and teach for a week so
let’s uh let’s let’s line something up
over there in
Nigeria Lisa J good
morning it’s good it’s good it it’s all
good in the hood as they say uh we will
take that uh we can see here let’s see
here uh
boom we could see here um even in the
pre-markets it’s basically change see
here the dial still positive 36 uh S&P
34 and then the NASDAQ is 148 so we’re
still good these were uh good numbers it
actually showed that inflation is
slightly cooling off so we’re getting a
mixed bag stagflation sticky inflation
in one area but the pce numbers are cool
actually
yep yep pce
top of the
morning yes yes I got I got brothers
from Africa all right all right hey good
morning good morning good people listen
it’s Friday and um the month is running
out for those of you that did not fund
your MooMoo the only way you’re going to
get seven look at that seven free stocks
right for uh look at that seven
fractional shares of free stock for for
a small deposit of $100 you know what
I’ll tell you what the biggest part of
this is for those of you that just have
a regular savings account and you’re
getting 0 one% you can get 5% on your
uninvested money so go ahead and
download Mumu today and then you guys
already know everybody if you you know
if you’ve been um taking stock up you
and you have been learning leave me a
coffee cup it’s just that simple right
and then we are killing it with crypto
you know what let’s look at crypto good
people let’s look at crypto right quick
let’s pull up the crypto bubble and see
where it is for those of you that don’t
know crypto look at that crypto trades
24 look at that we love to see green all
right now for the day uh it’s still
pretty much green for the hour we’re all
green good people so uh um the pce data
um is very favorable for the stock
market and the crypto Market on today
Friday okay all right I’m going to leave
it right there that’s it uh good morning
good morning can’t wait
for day is going to be good okay okay
hey
Aloha good morning Hey listen I want you
guys to know look look I want you to
have a blessed day today on Friday why
because you choose to have it okay I
choose to have a good blessed day and
that’s what I’m going to do in spite of
and I’ve had a lot of bad news this week
I will be sharing it with you guys later
um um but you know what I woke up this
morning after praying last night and
saying I’m going to have a good day
today and I want you guys to do the same
if you could make it happen I can
personally tell you that would be an
experience I used to do three months did
want to leave oh that’s cool man that’s
cool yeah I really want to do that yep
yep oh man they showing me love from
Somalia man I just want to come there
man and listen not only there I’ll leave
by saying this this is the year I don’t
know how I’m doing it but I’m going to
attempt to shoot a documentary I’m I’m
I’m launching another line of of of
business you guys are actually going to
love it I’ve been talking about it and
uh I’m going to keep you guys involved
with everything but I do I do I want to
go to the steel
mills I want to get a group of truck
drivers I want to go to West Virginia I
want to go to anywhere where there’s
underserved communities and I want to do
that in the next 18 months and so we’re
going to make that happen and I know
somebody is going to say hey be careful
but you know we can’t have true change
until we get to the people that we need
to change cuz a lot of these uh uh
countries cities and communities are
underserved and I know somebody may say
yeah we all have the same opportunities
that’s not the truth because the truth
is when I was a kid I didn’t even know
this existed you see what I’m saying
because teachers won’t teach you they
won’t let it get taught in school and
and we have to see we have to get gain
access
and so I you can’t see what you can’t
see but when I saw people doing it now I
could see that I could do this all right
you go to these communities especially
these blighted communities and you show
people this is what you can achieve and
this is what you can be then they start
to shoot for that but if you only show
them the bad that’s all they see all
right all right good people I’m going to
leave it right there I’m not going to
start preaching this morning y’all going
to say Larry’s preaching this morning no
I’m not all right
I love you guys uh start in
Mississippi man I got people in
Mississippi man I got people in Jackson
Canton y’all don’t know nothing about
Canton y’all don’t know nothing about
Canton Miss Mississippi y’all don’t
nothing about that yeah I I’ll I’ll
gladly yep come to the school Southside
Jamaica Queens man listen I would love
to come to Queens this Monday I’ll be in
New York I would love to come to Queens
talk to the school
system talk to whatever uh school it is
and let’s do it I’m I’m serious all
right with some music Larry finish the
video with some music you know what I’m
going to do just that okay all right I
love you guys we’ll see you later today
live love life and
learn can’t find it man boy this is it’s
crazy I’m sorry man I can’t even it
won’t even pull up it won’t even pull up
the music that’s crazy
I’m sorry good people let me try it nope
won’t do that
either it won’t pull up anything it’s
crazy today good people I’m going have
to leave it right there sorry I wanted
to start it with some good music that
would have been a great that would have
been a great deal you need to hold on
you need to
come hey man I want to come to London
I’m serious I I absolutely want to come
to uh London man and I know we have a
big I have a big Following over there
man but um listen I need you guys to
help me set this stuff up I know no one
in London I’ve never been to London you
know I’ve been to other countries but
I’ve never been to to London I’ve been
to the UK but I haven’t been in London
all
right Wiggins
Mississippi I appreciate you
yep thank you Ryan thank you Ryan listen
we got to we uh finish with the music
man I wish I could we need
some Baton Rouge yeah
man man I I come to bat Rouge and
eat listen uh listen talk to just talk
to the school oh I’m talking about we’re
talking about the UK I just need a group
uh we need a a a place together we just
need to uh find a place
um um um uh and I need someone over
there to just just gather a group and
the next time I come live just come on
say hey I’m getting a group together I
don’t care if it’s couples uh but if you
could get into a school or something
like that that’s the easy way to do it
find a high school show them my page
tell them I will come and sit and teach
um um and I’ll do that okay um all they
have to do is send for me listen and
when I come there to the schools they
don’t have to pay me a fee not all you
guys all right over I’m talking about
Africa I’ll come you don’t have to pay
me a fee just take care of my expenses
you know and and and I’ll waiver the
feed we got to get serious about doing
this okay driving trucks out of steel
mills junkyards houses Louisiana listen
let me tell you something truck drivers
truck drivers listen I’m telling you
guys you guys are are are uh when you
see these truck
drivers man probably 80 thing 80% of the
things that are in your house a truck
driver brought it to you you guys better
appreciate these truck drivers this
country will shut down without truck
drivers y’all y’all need to understand
and start appreciating the people that
are serving us from dayto day man let me
get out of here y’all GNA start me the
preaching man y’all gonna start me the
preaching hey I love you guys love
somebody else rinse and repeat
PCE Inflation Live | GOOG & MSFT up After Earnings
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Thanks for watching the video [ PCE Inflation Live | GOOG & MSFT up After Earnings ]
23 Comments
Good Morning!!
β π₯ π STOCK UP U Stock/Crypto Class: https://stock-up-u.teachable.com/p/investing-the-ultimate-beginners-course
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β π get 7 FREE STOCKS!!! – (Moomoo) βΊ https://j.moomoo.com/00gPbu
β€β€β€love you Larry
Larry I want to get in contact with you about this documentary. I have a fleet of trucks here in Atlanta.. also me and 4 guys have a non profit organization where we give back to our community.
Good morning larry thank you so much
Uncle Larry for President 2024
Good morning, Uncle Larry, Thank for inβοΈ
yup.. Bought in some META on the beat down. Put it away for a rainy day in a few years… Long long long.
B r
We just may be kin Uncle Larry. My folk from Jackson, Phillip, and Greenwood Mississippi. BlackfootTribe!π«ΆπΎπͺπΎ
β€β€β€β€β€β€β€
Love you. Say it to NIGERIAN GOVERNMENT.
Hello, thank you for keeping us updated β€π
Corinth MS
May the peace of the lord be with you and yours family π
Hello Larry have a great day and your people πͺππ€ π
Hello Larry,
Happy to hear you speaking on DCA . I am a long term investor .
Thank you for keeping us informed.β€
ππ½β€ππ½β€
Stock Up U. π«!! STOCK SQUAD!!! π§€βοΈβ€ π
You got to do England first Larry before Nigeria π
Hello Uncle Larry, I pray that the Prince of Peace, Wonderful Counselor, Mighty God , Everlasting Father gives you peace and comfort during your season of grief. The Lord bless you and keep you; the Lord make His face shine on you and be gracious to you; the Lord turn His face toward you and give you peace. ππΎππΎ
Have a great day Larry!
β€β€β€
Thank you for sharing your knowledge with the people. How do I get access to the discord?