In this episode Scott Becker discusses:
- Market indexes surged higher yesterday with the Nasdaq up 2.1%, the S&P up 1.6% and the Dow up 1.1%.
- Futures point up this am.
- The ten year treasury yield opens around 1.46.
- The Fed announced it will quicken it’s reduction in bond buying to all but finish it entirely by March.
- The Fed also said it expects three interest rate increases in 2022.
- The Bank of England already initiated a rate increase.
- The interest rate increases will impact stock and real estate prices.
- Covid is surging.
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