Weekly Market Recap: Bear Market + Hot Inflation + Global Recession = PAIN
<p>Last week, financial advisor <strong>Lance Roberts</strong> predicted the struggle between the bulls and the bears was likely to be decided soon.<br> <br> Well, the bears won decisively this week.<br> <br> Tuesday's continued hot CPI report of 8.3% sent markets on their<strong> biggest 1-day plunge</strong> in over two years.<br> <br> Evidence of a <strong>global recession</strong> is mounting by the day. And corporations are now <strong>reducing guidance</strong>, which will force analysts to finally lower their forward earnings forecasts.<br> <br> Things are starting to get bumpy...<br> <br> For everything that mattered to markets this week,&nbsp;watch this week's Market Recap&nbsp;featuring Lance Roberts.</p> <p><a href="https://youtu.be/9-GRJjN2tic" target="_blank">https://youtu.be/9-GRJjN2tic</a></p>
Wealthion - Be Financially Resilient
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Show Notes
Last week, financial advisor Lance Roberts predicted the struggle between the bulls and the bears was likely to be decided soon.
Well, the bears won decisively this week.
Tuesday's continued hot CPI report of 8.3% sent markets on their biggest 1-day plunge in over two years.
Evidence of a global recession is mounting by the day. And corporations are now reducing guidance, which will force analysts to finally lower their forward earnings forecasts.
Things are starting to get bumpy...
For everything that mattered to markets this week, watch this week's Market Recap featuring Lance Roberts.
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