(11/15/22) [NOTE: This segment recorded before PPI for October was reported at +0.2%, vs the anticipated 0.4% increase] Markets were waiting for October's Producer Price Index report, expected to come down a bit as sings of economic slowing have been more apparent of late. Yesterday, Federal Reserve Vice-president Lael Brainard hinted the Fed could be close to easing the pace of its rate hikes. Could this, coupled with the cooler inflation number this morning, provide a boost to stocks? The current rally is a bit long in the tooth, continuing now to set lower highs. Hopes that the Fed will pivot, however, is not a great position to be in, so we're recommending once again using any rally to rejigger portfolios to minimize risk. That risk being, all of the previous rate hikes this year showing up in the economy next year. Hosted by RIA Advisors' Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton -------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Visit our Site: www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to RIA Pro: https://riapro.net/home -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #InvestingAdvice #PPI #Inflation #FederalReserve #RateHikes #20DMA #50DMA #100DMA #Risk #Markets #Money #Investing |
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