10 Stories We are Following Today 11-7-22

In this episode Scott discusses:

1. Carvana, the hot used car dealer over the last few years, is down 95% year to date and dropped nearly 40% Friday.
2. The 10 year treasury yield jumped Friday to 4.15%, Bitcoin fell overnight to $20,700 or so and oil has jumped to almost $93 a barrel.
3. Facebook, which is down 73% YTD, announced is expected to start mass layoffs.
4. Apple said it is shipping fewer premium iPhones than expected.
5. The October CPI inflation index will be released Thursday and may impact the Feds next steps and trajectory.

And more!

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