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This Is BAD
The stock market has already been bad this year, but things just got a little worse today. We started the month off by hitting new lows ahead of Powell this week, but as bonds continue their massive decline and economies across the globe show signs of trouble, the markets are really in for a big fed meeting this week. I go over the taper tantrum in 2018 and why today triggered something in preparation of Jerome Powell this week. The biggest risk for the markets moving forward is if inflation expectations become unanchored. I go over what this means and what to expect, then I go over my portfolio and stock picks for the day. I will be going for shorter term SPY plays this week, but right at the open I went for the travel stocks in preparation for the earnings today. EITHER WAY ITS GOING TO BE EXCITING SO I HOPE YOU ARE READY! POST YOUR WATCHLIST BELOW AND SEE YOU IN THE MORNING!
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DISCLAIMER: These videos are for educational purposes only. Nothing in this video should be construed as financial advice or a recommendation to buy or sell any sort of security or investment. Consult with a professional financial advisor before making any financial decisions.
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