(3/2/22) Russia surrounds Kiev, markets sell-off under continuing pressure, and Fed Chair Jerome Powell prepares to testify before Congress: His comments could provide the octane to spur markets higher...or... Markets are set to rally again after re-testing support in a bid to consolidate above January & October's lows. With sentiment decidedly dour, what is needed is good news, which could come from Fed Chair Jerome Powell in his remarks to Congress today and tomorrow. If he cites geopolitical risks as grounds for softening the Fed's stance on interest rates, that could provide markets a lift. A more hawkish stance could send stocks lower. This is why Bonds have been performing well, lately. The Atlanta Fed reports GDP growth at 0.0%; crude oil prices continue to rise, and the Russian aggression against Ukraine continues. Cryptocurrencies have triggered buy signals, with a nice uptick for Bitcoin as risk-off, risk-on scenarios play out. Presented by RIA Advisors Chief Investment Strategist, Lance Roberts -------- Get more info & commentary: https://realinvestmentadvice.com/news... -------- Watch the video version of this report by subscribing to our YouTube channel: &list=PLVT8LcWPeAujOhIFDH3jRhuLDpscQaq16&index=1 -------- 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/RealInvestme... https://www.linkedin.com/in/realinves... #Russia #Ukraine #FederalReserve #MarketVolatility #Bonds #Oil #Inflation #Jerome Powell #Markets #Money #Investing |
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