Weekly Market Insight – November 7, 2022
Cornerstone Financial Advisory
NOVEMBER 7, 2022
Presented by Cornerstone Financial Advisory, LLC. Hawkish comments by Fed Chair Jerome Powell, following the announcement of another 75 basis points interest rate hike last week, cast a pall over financial markets, sending yields higher and stocks lower. This Week: Key Economic Data. Thursday: Consumer Price Index (CPI).
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