Financial Media Goes Nuts Over CPI
(9/14/22) August CPI clocks-in at a hotter-than-expected 8.3%, and the financial media goes nuts, claiming yesterday's sell-off as "markets in turmoil." The reality was, yes, a big 4% sell-off, but a one-day drop that can only be compared to pre-pandemic market action in June of 2020. But more importantly, markets were able to uphold the bullish, rising trend line that has been building for the past few months. That trend will be tested today. The MACD buy-signal was not triggered yesterday, however, keeping downward pressure on the markets. And, despite the sharp sell-off, market volatility remains very muted. There really is no panic or fear in the markets, nor are there outflows of funds; this was not a big catalyst. There certainly are concerns for the future, including the Fed's next rate increase, and the fear the Fed will go too far and break something in the economy.
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/
-------
Watch the video version of this report by subscribing to our YouTube channel:
https://www.youtube.com/watch?v=2qW7paPBP1g&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/RealInvestmentAdvice/
https://www.linkedin.com/in/realinvestmentadvice/
-
4:33
Lance Roberts' Three Minutes on Markets & Money
1 year agoFinancial Media Goes Nuts Over CPI
12 -
4:06
StockpicksbyTim
1 year agoThe Stock Market Is Goin Crazy - Cpi Will Crash It
2 -
19:37
Nobody Special Finance
11 months agoMarkets Rip on CPI Beat as Earnings Season Looms
7 -
10:34
TheoTRADE
1 year ago $0.02 earnedCPI Inflation Surprises, but does not Move, Markets
37 -
29:17
BitcoinAdvizers
3 months ago $0.01 earnedShould You Be Worried About the Crypto Market's Recent Highs? CPI and Inflation Explained!
13 -
13:45
TradingFraternityRumble
2 years ago $0.01 earnedTHE STOCK MARKET IS GOING TO GO CRAZY THIS WEEK!!
25 -
11:04
TheoTRADE
1 year agoBank Crisis Steals The Stage From CPI
51 -
1:19:45
JNAARK
6 months agoBo Polny's Revelations Rock Financial Forecasting: Unveiling Shocking Market Insights
178 -
11:03
Heresy Financial
1 year agoFed Panic Blitzes Media, Clueless About Inflation
1411 -
13:55
Figuring Out Money
1 year agoCritical Stock Market Level Revealed: Unraveling the CPI Report & Fed's Balance Sheet Secrets
51