Rumble ($RUM) Knocks It Out of the Park on IPO | Inside Baseball Ep 16

In this week’s market shenanigans, alternative social media company Rumble ($RUM) goes public, and the Federal Reserve is officially in a slump.

Yesterday, Jerome Powell released the Fed’s “dot plot,” which forecasts where rates will be in the next few years. According to the new data, the Fed will continue raising rates until the fed funds rate reaches 4.6% in 2023. And the Fed won’t end its restrictive policies until 2025! This is terrible news, and it’s shaking out the market as we speak.

On the flip side, alternative social media company Rumble. It went public Monday, sending the stock up 40% in one day! Now, I know what you’re thinking… 40% on a stock, in a bear market, during a recession? Well, investors are betting that the censorship-free video platform will outperform the current alternatives like Twitter and YouTube. Keep it locked in right here.

Inside Baseball: Play of the Day delivers you weekly insights on behind-the-scenes stock market moves. Inside baseball is defined as "the inner workings of a system that are only interesting to, or appreciated by, experts, insiders, and aficionados." Join us each Friday as your host, Alex Boulden, covers the latest legal insider trades and market-moving news.

Check out more from Alex and the Outsider Club daily E-letter below:

Lithium Alternative Set to Disrupt Global Economy: https://www.outsiderclub.com/lithium-alternative-set-to-disrupt-global-economy/110412

White House Takes Drastic Crypto Action: https://www.outsiderclub.com/white-house-takes-drastic-crypto-action/110327

How to Survive the Great Bear Market of 2022: https://secure2.angelpub.com/o/web/442570

Join Alex's FREE e-letter and get a complimentary investment report "How to Legally Profit From Insider Trading" Today: https://secure2.outsiderclub.com/o/op/417850

#rumble #ipo #investing #federalreserve #stockmarket

Disclaimer: We do not provide personal investment advice. Forward-looking statements and projections are subject to change and may be inaccurate. All investing carries risk. Be smart out there. And good luck.