Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
By Philstockworld (Reporter)
Contributor profile | More stories
Story Views
Now:
Last hour:
Last 24 hours:
Total:

Just Another Manic Monday – Quiet Week Expected

% of readers think this story is Fact. Add your two cents.


I told our Members this would be a good week to take a vacation.

We have 7 Fed Speakers around the release of the Fed Minutes on Wednesday afternoon but now we’re mostly wondering if the rate hikes will be 0.25% or 0.5% and the rest is getting baked in.  ISM and PMI tomorrow and really no other significant data is coming in, nor do we have many companies reporting earings.  As Jerry Lee used to sort of say “There’s a whole lotta nothin’ going on.”

Earnings Reports are mostly from companies who count December as the first month of their year and we’re a lot more concerned with guidance at this point.  Next week is a very different story as we have CPI and PPI, Retail Sales and Consumer Sentiment – all market-moving reports and the Banks start reporting on Thursday next week but then Friday is Good Friday and we’re closed but make sure you are well-rested on the 18th as earnings and data will surely be hitting the fan then.

Over in Europe, we’re already seeing inflation at 7.5% for March, up from 5.9% in February, led by a 11.7% rise in Energy Costs that is not looking like its going away any time soon as the war rages on in Ukraine.  The repurcussions from this war will be felt all year – even if it stops now as crops have not been planted and supply chains have been further interrupted and these things are likely to get worse before and if they get any better.  

Also getting worse is the drought in California as snowpack this year is at 39% of average and that’s the wost level in 1,200 years – so pretty bad.  According to Dr. Schwartz, who wrote the report:

Many people have a rather simplistic view of drought as a lack of rain and snow. That’s accurate — to an extent. What it doesn’t account for is human activity and climate change that

Provided courtesy of Phil’s Stock World.

To read the rest of this article now, along with Phil’s live intra-day comments, live trading ideas, Phil’s market calls, additional member comments, and other members-only features – Come to the winning side at Phil’s Stock World by clicking here.

To sign-up for a free trial membership, click here.


Source: https://www.philstockworld.com/2022/04/04/just-another-manic-monday-quiet-week-expected/?utm_source=beforeitsnews&utm_medium=feed&utm_campaign=psw-feeds&utm_content=article-link


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!


Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST


Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)

Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen!

Nascent Iodine - Promotes detoxification, mental focus and thyroid health.

Smart Meter Cover -  Reduces Smart Meter radiation by 96%! (See Video).

Report abuse

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    MOST RECENT
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.