Is the World About to Blow Up? Nick Santiago 10-27-23 539
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Description
1 Markets are struggling. Markets are stalling out. Sellers jump in.
A. Geopolitical events.
B. Yields are pulling back a little but nobody is buying into it.
C. Everyone is scared to hold over the weekend with a war looming.
2. Earnings are out. AMZN & INTC are strong today after reporting. Amazon had a great reaction to its earnings. Intel also had a strong report and both are up 10%. Markets still struggling.
3. Next Wednesday the Fed is going to report their interest rate decision. They are expected to keep rates unchanged, but the wars are hurting the plan. War is inflationary as you know.
4. Gold is holding well.
5. Bitcoin is flat.
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