Markets Come Roaring Back as Inflation Slows
Investors have been keying on inflation all year to determine the direction of markets. Finally this week we got some good news on that front, as the 7.7% print on the Consumer Price Index (CPI) came in below expectations. We saw one of the strongest market days in recent memory on Thursday after the report, with the NASDAQ gaining more than 7% in a single trading session! Plenty more to talk about this week. Earnings continued rolling in, including from a couple of our favorite companies in Axon Enterprise ($AXON) and EPAM Systems ($EPAM). CEO Noland Langford shares his views on these very strong earnings releases. We would be remiss if we didn't mention the developments in the cryptocurrency space. We saw the blowup of high-profile crypto exchange at FTX, which caused an extreme loss of confidence in the space. We have long cautioned investors to avoid crypto and this is just another data point to support our argument. At the same time, we know some investors are always drawn to speculative investments with upside. We close out this week's show with some alternative investment ideas for the more intrepid investors among us. There are plenty of ways to invest for upside in the public regulated markets, especially with many stocks for quality companies down 50-80% from their all time highs! Topic 1: A Changing Inflation Picture Topic 2: Crypto Blows Up -- What Are Some Alternatives? A reminder of our webinar on Thursday, November 17 at 4pm Central, for our clients, friends, and other investors. We will cover opportunities in the bond markets to take advantage of higher interest rates, including CDs, municipal bonds, and high quality corporate bonds. To reserve your spot, head to https://www.eventbrite.com/e/fortune-makers-income-investment-opportunities-in-todays-markets-tickets-461714670007 Get signed up to our newsletter list: https://leftbrainir.com/jarvisnewsletter Sign up for our research service to receive this month's "The Chosen" report and access our library of 100s of full length stock reports at https://leftbrainir.com/subscribe For a portfolio review and to learn more about our growing list of fixed income investment opportunities, head to https://leftbrainir.com/free-portfolio-review Get on Brian's calendar directly at https://calendly.com/briandress