spr
In his podcast addressing the markets today, Louis Navellier offered the following commentary. No LiquidityThere is no liquidity in the market today. A lot of traders have fled because the winter storm is messing up their holiday and travel plans. So don’t let the daily gyrations bother you. The Labor Department on Thursday reported that unemployment claims rose to 216,000 in the latest week, up from a revised 214,000 in the previous week. Continuing unemployment claims decreased slightly to 1.672 million in the latest week, compared to a revised 1.678 million in the previous week. Q3 2022 hed...
ValueWalk
In his podcast addressing the markets today, Louis Navellier offered the following commentary. The Fed still thinks they have to raise rates a little bit more, but that is not a given. FOMC DissentThe FOMC statement did not change much from its previous statement in November. However, the Fed lowered its economic growth outlook, which is dovish, but then raised its famous “dot pot” is for the federal funds rate to rise to 5.1%, up from 4.6% back in September, which is hawkish. Q3 2022 hedge fund letters, conferences and more The Fed also plans on continuing to reduce its balance sheet. However...
ValueWalk
In his podcast addressing the markets today, Louis Navellier offered the following commentary. SPR MismanagementThe big news this week is President Joe Biden will address the nation Wednesday to announce another big release from the Strategic Petroleum Reserve (SPR) that will persist through December in a desperate attempt to manipulate crude oil prices just ahead of the mid-term elections. Q3 2022 hedge fund letters, conferences and more Find A Qualified Financial AdvisorFinding a qualified financial advisor doesn't have to be hard. SmartAsset's free tool matches you with up to 3 fiduciary fi...
ValueWalk
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