BOE Bailout Fuels Rally

(9/29/22) Markets have been working to hold onto support established back in June; yesterday's news of the Bank of England resuming bond purchases to bail out pension funds provided the octane needed for a rally upward, and fueled expectations the Fed would capitulate sooner than later in its rate hike campaign. Markets could open weaker this morning, following yesterday's sharp rally. Can markets confirm higher ground established on Wednesday? We're seeing a continuing need for re-pricing and re-valuations; so, any rally that materializes should be used to trim losers and raise cash. Hosted by RIA Advisors' Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton -------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Watch the video version of this report by subscribing to our YouTube channel: https://www.youtube.com/watch?v=3cmBY9ZetGY&list=PLVT8LcWPeAujOhIFDH3jRhuLDpscQaq16&index=1 ------- Visit our Site: www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to RIA Pro: https://riapro.net/home -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #InvestingAdvice #BankOfEngland #QuantitativeEasing #InterestRates #Markets #Money #Investing