AAP Podcast #29: Baseball, Regional Banks, Senior Loan Officer Survey and How To Start A New Stock Position

In this episode, Chris Versace welcomes back Street Smarts editor Todd Campbell to the podcast following a stint on vacation and about of pre-season baseball. It’s been a bit since Chris and Todd last chatted and they quickly run through a number of things ranging from the Fed, monetary policy, tightening credit prospects, CME FedWatch Tool projections, the economy, the recent bank failures, earnings from Micron (MU), and the upcoming February PCE Price Index data. It’s quite a bit of ground to cover but along the way the two touch on key reports to watch, including the next iteration of the Federal Reserve’s Senior Loan Officer Opinion Survey on Bank Lending, upcoming March PMI data from ISM and S&P Global and next week’s March Employment Report. Todd asks Chris how the Action Alerts Plus portfolio adds a new position to the portfolio and build its exposure over time. And Chris asks Todd his thoughts on why 2024 EPS expectations for the S&P 500 are, out the gate, calling for double-digit growth vs. 2023. All that and much more on this, the 29th episode of the AAP Podcast.