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Payne's Perspective: July 11, 2022: Inflation (Check) Recession (Not Sure)

By Charles Payne CEO & Principal Analyst

Close, but no cigar. With an hour to go in trading on Friday, there was a chance for the first five-day winning streak. But at the last minute, the market began to sag, so the S&P was only up four straight days for the fourth time in 2022.

The carnage continues to mount, with U.S. equities shedding more than $14.0 trillion, which is by far the most ever – and we are only halfway through the year.

The mavens keep telling me this is not enough as they call for more pain. 

PTo read the full report contact your account executive or email Research@wstreet.com. 

Charles Payne
Wall Street Strategies


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