Inflation numbers come in hot and scare investors to death

Today we talk about the scary inflation numbers that just hit the economy and what this means for the stock market. Oddly enough, the stock market rose despite these inflationary outcomes, which leads us to wonder what is driving the economy moving forward into the holidays.

What’s interesting is that Fed Chairman Jay Powell seems poised to begin to taper on the bond buy back program. Oddly though, J P Morgan Chase says that the fed may not raise interest rates until 2024.

With that being said, I want to cover a few stocks that I like for this week, talk about what’s going on with the markets, and explain that the Omicron variant, in my view, was just another buying opportunity.

The stock market has a big scary threat hanging over its head

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You can join us for Stock Market Investing class by visiting http://TheBlackStockMarketProgram.com. The first month in my stock market investing club is free.

You can also learn more about me at http://BoyceWatkins.com.

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Dr Boyce Watkins is a Finance PhD and founder of The Black Business School. You can learn more by visiting http://BoyceWatkins.com

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