Any Good News Would Be Welcome

(10/25/22) What factors could lift markets into the end of the year? Over $1-Trillion worth of authorized stock buy backs become available on Friday, triggering as much as $5 Billion of buying a day coming into the market; mid-term elections are two-weeks away, and historically, stocks have been higher for the twelve months following a mid-term election; a gridlocked congress would provide opportunity for stocks to rally. The Fed, also, is a factor, meeting next week and expected to hike rates 75bp again...but any policy that would slow the pace of interest rate hikes would be viewed as a positive by markets. Markets pierced the 3,800 level yesterday but couldn't hold it; earnings have been coming in a little better-than-expected, and with Microsoft and Google set to report today, and Apple and Amazon in Thursday, any good news would be welcome.
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=2yHjPLNm7hk&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/