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Afternoon Note

Big Week for Markets

By Charles Payne, CEO & Principal Analyst
12/12/2022 1:26 PM

Stocks are higher this afternoon.  Major indices advance to start off a busy week that will witness rate decisions along with crucial economic data.

Stakes are high tomorrow in a decisive day for the market when we get the latest CPI reading.

There has been a split between retail and institutional investors for the most part this year. I'm leaning with retail investors on this but need some dry powder.

Wealth is fading at rapid pace, which has not been since late 2008.

Good sign from the NY Fed with inflation expectations at the lowest level since August 2021.


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