The Fed Trickle-Down Effect
July 13, 2017
THE Russell Rhoads, Director at the CBOE, joins labor attorney Lou Michels at the top of the show to discuss Janet Yellen’s Fed announcement and whether it helps big banks and/or trickles-down. Editor of StockTwits and resident millennial, Stefan Cheplick, joins in at the second half of hour one to discuss why he’s bearish on the market. In hour two, Russell and Chief talk about the State of IL, Personal consumption expenditures (PCE) and the S&P 500.
Guests & Co-Hosts
Russell Rhoads, CFA, is Director of Education for the CBOE Options Institute. His career before CBOE included positions at a variety of firms including Highland Capital Management, Caldwell & Orkin Investment Counsel, Balyasny Asset Management, and Millennium Management. He is a financial author and editor having contributed to multiple magazines and edited several books for Wiley publishing. He is the author of six market related books including Trading VIX Derivatives, Option Spread Trading, Trading Weekly Options, and Options Strategies for Advisors and Institutions. He authored material to be included in Level II of the CFA program and material for the CMT designation. In addition to his duties for the CBOE, he is an adjunct instructor at Loyola University and the University of Illinois – Chicago. He is a double graduate of the University of Memphis with a BBA (’92) and an MS (’94) in Finance and also received a Master’s Certificate in Financial Engineering from the Illinois Tech in 2003. Russell is currently pursuing a PhD from Oklahoma State University with an expected graduation date of December 2017.
Lou Michels is an employment and sports law attorney with a national law firm, who is also an NFL player agent. He joins the Stocks & Jocks show every Thursday morning from Denver, Colorado. Lou represents companies and individuals in dealing with workplace problems ranging from labor union and discrimination cases to employment contracts and trade secret disputes. He played football at Air Force, and graduated from Duke Law School, where he developed an appreciation for college basketball. He is a retired Air Force lieutenant colonel. Lou grew up in Winnipeg, Canada, and Minneapolis, where his father was a professional football coach for the Minnesota Vikings for almost 30 years. Read more.
Stefan Cheplick –
Stefan Cheplick, based in New York City, is the Editor of StockTwits. His articles have been featured in Business Insider among other publications. He is a graduate of Harvard University. Read his blog posts here – https://medium.com/@scheplick/ or follow him on Twitter – https://twitter.com/scheplick