Markets Focus on Midterm Outcomes
(11/8/22) Markets rallied Monday, coming off critical support at the 20-DMA following Fed Chair Powell's hawkish comments last week. A new CPI print will be released On Thursday, and if it's hotter than expected, that could weigh on stock prices as the Fed is encouraged to hike interest rates further. Markets' focus today, however, it the outcome of the Midterm elections, and what Wall Street would like to see is Congressional Gridlock. Markets achieved a close just above the 50-DMA on optimism Republicans might re-take at least one house of congress today. Additional factors could lift stocks as the end of the year approaches, including stock buyback activity and portfolio rebalancing by managers looking for a good finish to 2022.
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=76R4LVpVx7U&list=PLVT8LcWPeAujOhIFDH3jRhuLDpscQaq16&index=1&t=8s
-------
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/
-
3:32
Lance Roberts' Three Minutes on Markets & Money
1 year agoMarkets Focus on Midterm Outcomes
7 -
0:39
RICHTVLIVE88
1 year agoMidterm Elections historically lead to strong returns in the Stock Market - RICH TV LIVE PODCAST
2 -
10:20
TalkingData
1 year agoTalking Data Episode #187: Midterm Election Outlook
1 -
3:15
RICHTVLIVE88
2 years agoFinancial News Analysis & Upcoming Economic Events
6 -
3:48
Lance Roberts' Three Minutes on Markets & Money
1 year agoMarkets Break Following Fed Speech
9 -
1:02
RealAmericasVoice
1 year agoStock Market Expectations After the Midterm Elections
2031 -
15:23
Talks With Kenny
1 year agoDemocrats Are Not The Solution For These Key Issues | Midterm 2022
14 -
3:28
Lance Roberts' Three Minutes on Markets & Money
1 year agoHow Markets May Respond to November CPI
7 -
3:28
Lance Roberts' Three Minutes on Markets & Money
1 year agoPreparing for the Recession of 2023
13 -
28:57
Investor Guys Podcast
3 years agoHow Elections And Other Things Change Markets
991