39 min listen
Weekly Market Recap: Bear Market + Hot Inflation + Global Recession = PAIN
Weekly Market Recap: Bear Market + Hot Inflation + Global Recession = PAIN
ratings:
Length:
86 minutes
Released:
Sep 17, 2022
Format:
Podcast episode
Description
Last week, financial advisor Lance Roberts predicted the struggle between the bulls and the bears was likely to be decided soon.
Well, the bears won decisively this week.
Tuesday's continued hot CPI report of 8.3% sent markets on their biggest 1-day plunge in over two years.
Evidence of a global recession is mounting by the day. And corporations are now reducing guidance, which will force analysts to finally lower their forward earnings forecasts.
Things are starting to get bumpy...
For everything that mattered to markets this week, watch this week's Market Recap featuring Lance Roberts.
https://youtu.be/9-GRJjN2tic
Well, the bears won decisively this week.
Tuesday's continued hot CPI report of 8.3% sent markets on their biggest 1-day plunge in over two years.
Evidence of a global recession is mounting by the day. And corporations are now reducing guidance, which will force analysts to finally lower their forward earnings forecasts.
Things are starting to get bumpy...
For everything that mattered to markets this week, watch this week's Market Recap featuring Lance Roberts.
https://youtu.be/9-GRJjN2tic
Released:
Sep 17, 2022
Format:
Podcast episode
Titles in the series (100)
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