11 Stories We are Following this AM 10-24-22

In this episode Scott discusses:

1. Market Update.
2. Futures point slightly up this AM but have been wavering.
3. The positivity in the markets largely comes from Fed leadership softening their talk regarding raising rates.
4. Rates are still expected to go up by 75 basis points in Nov and 50 to 75 in December.
5. The Chinese economy grew nearly 4% in the last quarter, but we are seeing: 1) how hard it is to greatly raise the standard of living for a nation with 1 billion plus people and 2) concerns re transparency of the numbers.
6. Oil opens around $84 a barrel, the 10 year treasury yield around 4.21%, and Bitcoin holding strong around $19,400 or so.

And more!

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