Market Update – 12 Stories 10-10-22

In this episode Scott discusses:

1. Stock futures point slightly down this AM.
2. The major market indexes dropped between 2.5 to 3 percent on Friday based on a fairly positive jobs report.
3. The positive jobs report is perceived to provide the Fed confidence to keep raising rates to fight inflation.
4. Cannabis stocks rallied this week on Federal government news that they would overturn Federal convictions for cannabis possession.
5. Oil has jumped up again past $90 a barrel.
6. Bitcoin has dropped back to $19,300.
7. The 10 year treasury opens today around 3.9%. The 1 year opens around 4.274%.

And more!

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