Magnelibra Trading & Research

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Magnelibra Trading & Research
Mid Terms and CPI

Mid Terms and CPI

Important week can equities hold

Mike Agne's avatar
Mike Agne
Nov 07, 2022
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Magnelibra Trading & Research
Magnelibra Trading & Research
Mid Terms and CPI
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Good morning traders and investors, we have a couple of key highlights for you to consider. First up we know the Mid-term elections are this week and considering the weakness of the Democrats position right now across all polls (not that they are ever right) but the sentiment on the street is pointing towards Republican control of at least one of the houses. Now we know nothing in DC really changes but sentiment publicly is calling for change here as inflation is now starting to settle in to main stream America and someone has to be the scapegoat…

We have the big number this Thursday in the form of CPI. Yes we know now and Powell has made it very clear that inflation is Enemy #1, so this is a big one. Here are the upcoming releases:

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