Market Update 11-30-22

In this episode, Scott shares a market update-

1. Markets relatively flat this yesterday. The S&P 500 was down .16% and the Nasdaq .59% yesterday. The Dow was flat.
2. Crude rose back to $80.
3. Bitcoin is holding its own at $16500 as the exchanges blow up around it. Fascinating to watch for the long run.
4. The 1 year treasury yield jumped to 4.85%. It’s right near its 52 week high. The 10 year remains at 3.749%. The jump in the 1 year may be pricing in the next raise in the Fed Funds rate. The Fed meets Dec 13-14.

Podcast: Play in new window | Download