))
Bull-Bear Brawl
Manage episode 348859468 series 3392107
Sisällön tarjoaa Mike Frazier. Mike Frazier tai sen podcast-alustan kumppani lataa ja toimittaa kaiken podcast-sisällön, mukaan lukien jaksot, grafiikat ja podcast-kuvaukset. Jos uskot jonkun käyttävän tekijänoikeudella suojattua teostasi ilman lupaasi, voit seurata tässä https://fi.player.fm/legal kuvattua prosessia.
Americans keep spending. Despite the inflationary pressures which seemingly lead to a path towards recession, Americans keep spending. The Consumer accounts for nearly 70% of the US Economy. It matters big time. The elevated spending is keeping the Market and the Economy afloat. This is not recessionary behavior.
The Stock Market had another wild week, as it tries to anticipate 2023. The Fed Chair put a charge into stocks on Wednesday when he indicated some slowing of the aggressive rate hike campaign could be ahead. Bonds rallied too as yields fell. He said a soft-landing is still doable. It's all tied to inflation and jobs. November closed with a powerful rally, marking a 5% gain for the S&P on the month. In fact, it posted back-to-back monthly gains for the first time since August of 2021. It didn't last. The November Job Report put a dent in the rally. But a midday reversal Friday made it barely noticeable.
73 jaksoa
Jaa
