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Weekly Market Recap: Massive Rally As Inflation, Election & Cryptos Surprise Markets
Published 3 years, 1 month ago
Description
What a week!
Inflation fell more than expected. The elections were closer than projected. China took steps towards opening back up. And a Russian retreat in Ukraine sparked hope of a coming truce.
All served to trigger one of the biggest 1-day rallies in the history of the stock market.
While in parallel, FTX, the 2nd largest crypto exchange imploded, creating massive shock waves that are still playing out.
Will this rally last?
Is the bottom in?
How bad will the contagion from FTX be?
For all that mattered to markets this week, watch our new Market Recap featuring Lance Roberts.
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