June 18, 2025 - Stonks Gone Wrong Market Update cover art

June 18, 2025 - Stonks Gone Wrong Market Update

June 18, 2025 - Stonks Gone Wrong Market Update

Listen for free

View show details

About this listen

 June 18, 2025: Markets faced volatility as the Federal Reserve maintained its forecast for two interest rate cuts this year, despite rising inflation concerns. Asian stocks are expected to decline following warnings from Fed Chair Jerome Powell about inflation risks, leading to U.S. stocks erasing earlier gains. Encino announced plans to cut 121 jobs in Houston amid a $5.6 billion deal with EOG Resources. In other news, tariff impacts are slowing sales for a key gun manufacturer. Stay tuned for more insights into today's financial landscape. Powered by LabCat AI research tools.
No reviews yet