Midterms could be a positive catalyst for stocks as investors await next big inflation report

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There are two big hurdles for markets in the week ahead - another potentially hot consumer inflation report and the Congressional midterm elections.

Stocks were mixed Friday and were closing out a rough week with losses, after tough talk on interest rates from Federal Reserve Chairman Jerome Powell Wednesday. Powell suggested the central bank may have to raise rates even more than it expected in order to squash inflation, so that makes Thursday's report of the October consumer price index even more critical.

small business survey Wednesday Earnings : D.R. Horton, Wendy's, Hilton Grand Vacations, Honda Motor, Beyond Meat, Adidas, Performance Food Group, Capri Holdings, SeaWorld, Hanesbrand, Canopy Growth, Fossil, Rackspace, Redfin, Bumble, Coupang, Unity Software, Kinross Gold, Rivian Automotive, Trade Desk, Jamf Holding, Rocket Lab 10:00 a.m.

 

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why don't you stop tweeting articles that ppl have to pay 100's of dollars to view?

Democrats Bad , inflation Bad, Socialism Worse!!!

Right now DEMs have no serious Presidential candidate for 24. The GOP have 3. World on the brink of war and Biden has shown he wont stand up to Russia Iran nor N Korea by committing forces

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 /  🏆 12. in JP

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