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November 2, 2022 - Daily Market Briefing

November 2, 2022 - Daily Market Briefing

Published 3 years, 11 months ago
Description
Ben and Tom discuss earnings updates from AMD, as they've seen a positive quarter of business. A few earnings reports from some staple entities, CLX and MDLZ, also show positive signs of improvement. Economic data shows that jobless claims are up and manufacturing is down. With the FED meeting upcoming, the expectation is for another 75 bps hike with another potential 50-75 bps rate hike in December.

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