4min chapter

Wall Street Unplugged - What's Really Moving These Markets cover image

Get ready for an ugly earnings season

Wall Street Unplugged - What's Really Moving These Markets

CHAPTER

The Fed Is Going to Go to 4.85% by March of 2023

Futures were up 300 points on the Dow today because across the pond, they were talking about trying to get their financial house in order. The futures have 75 basis point rate hike basically baked into the market right now for November meeting. Today and yesterday's inflation didn't do anything to deter the Fed from continuing to raise significantly or aggressively. This is a crazy volatile time but that doesn't mean you should be completely on the sidelines.

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