Trump Fires Fed Governor, Intel Stock Deal, and Cracker Barrel’s Stock Market Fiasco
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Trump Fires Fed Governor, Intel Stock Deal, and Cracker Barrel’s Stock Market Fiasco
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On this episode of The Matt Allen Show, Matt Allen and Rob break down the biggest investing stories moving the stock market. The U.S. government takes a ten percent stake in Intel, buying Intel stock nearly four dollars below the market price in a deal worth nine billion dollars. Cracker Barrel stock tumbles after a controversial rebrand and then bounces back as the company reverses course under political and customer pressure. President Trump fires a Federal Reserve Governor in an unprecedented move that shakes confidence in the independence of the Fed and raises new questions for investors. Matt Allen and Rob cut through the noise with conversation about what these headlines mean for Intel stock, Cracker Barrel stock, the broader stock market, and anyone focused on investing today.