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Markets Moved This Week
Episode 19

Markets Moved This Week

Protect Your Assets Market Briefing

May 10, 20223m 25s

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Show Notes

Stocks this week saw the biggest gain and the biggest one-day loss than we've seen for the entire year. What happened? Markets were shrugging off Chairman Powell’s commentary, pricing in a 75-basis-point raise hike—even though that’s not what Chairman Powell said. China’s PMI crashed and the markets didn’t like it. What should you make of last week? This week’s market briefing explains.