Mum’s The Word: Kathryn Rooney Vera on Fed’s Second Meeting under Kevin Warsh, Plus Earnings Breakdown (Live Replay)
In this episode, Jack sits down with Kathryn Rooney Vera, Chief Market Strategist at StoneX Group, to unpack the Federal Reserve's decision to hold interest rates and Chair Warsh's transition toward a quieter, laissez-faire communication style. Kathryn shares her macroeconomic outlook, forecasting that we may still see rate hikes post-election unless widespread AI adoption delivers a significant productivity boost to offset inflation.
Later in the show, Jack is joined by Max Wiethe for a live, unfiltered reaction to the latest mega-cap tech earnings from Microsoft and Meta. They analyze Microsoft's massive revenue and 43% Azure cloud growth, weighing these strong figures against the company's aggressive $41 billion in quarterly capital expenditures. Jack then bluntly breaks down Meta's quarterly results, labeling it a "disaster" due to a 55% surge in costs, an 8% drop in operating income, and unexpectedly weak forward guidance. Finally, the duo wraps up with a look at the semiconductor space, assessing how these fluctuating AI investments are directly impacting chip and equipment stocks like Arm Holdings and Lam Research.
Kathryn Rooney Vera on X https://x.com/KRooneyVera
Kathryn Rooney Vera on LinkedIn https://www.linkedin.com/in/kathrynrooneyvera/
Jack Farley on X https://x.com/JackFarley96
Max Wiethe on X https://x.com/maxwiethe
Other People’s Money on X https://x.com/OPMpod
Follow Monetary Matters on:
Apple Podcasts https://rb.gy/s5qfyh
Spotify https://rb.gy/x56dx5
YouTube https://rb.gy/dpwxez
Later in the show, Jack is joined by Max Wiethe for a live, unfiltered reaction to the latest mega-cap tech earnings from Microsoft and Meta. They analyze Microsoft's massive revenue and 43% Azure cloud growth, weighing these strong figures against the company's aggressive $41 billion in quarterly capital expenditures. Jack then bluntly breaks down Meta's quarterly results, labeling it a "disaster" due to a 55% surge in costs, an 8% drop in operating income, and unexpectedly weak forward guidance. Finally, the duo wraps up with a look at the semiconductor space, assessing how these fluctuating AI investments are directly impacting chip and equipment stocks like Arm Holdings and Lam Research.
Kathryn Rooney Vera on X https://x.com/KRooneyVera
Kathryn Rooney Vera on LinkedIn https://www.linkedin.com/in/kathrynrooneyvera/
Jack Farley on X https://x.com/JackFarley96
Max Wiethe on X https://x.com/maxwiethe
Other People’s Money on X https://x.com/OPMpod
Follow Monetary Matters on:
Apple Podcasts https://rb.gy/s5qfyh
Spotify https://rb.gy/x56dx5
YouTube https://rb.gy/dpwxez
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