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Weekly Stock Market Update 4/22/22 | 50 Basis Point Hike Next Month?
Weekly stock market update for the week ending on 4/15/22.
#StockMarket #Stock #FederalReserve
Nothing in this video is financial advice! For entertainment purposes only.
This week the market was red due to the Federal Reserve's chairmen, Jerome Powell, coming out on Thursday and saying that a 50 basis point rate hike is on the table for the next FOMC meeting in May. This has caused a lot of fear in the market which explains the down week we had.
The Federal Reserve Explained in 10 Minutes: https://www.youtube.com/watch?v=nCQamaDZfJA
We also seen that $Netflix got smacked this week. They had their Q1 earnings announcement in which they reported a net loss of 200,000 subscribers.
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