September 30, 2022 – Ryan Puplava discusses the emergency intervention by the Bank of England this week, hotter than expected inflation figures (again), and the eruption of more geopolitical turbulence. Next, Financial Sense Newshour speaks with technician Ari Wald (@AriWald) at Oppenheimer to get an update on his outlook for the stock market. Ari believes we are seeing signs of capitulation and, given how washed out their indicators are, may see a stock market bottom in October setting up for a year-end rally. Ari discusses the areas of the market he likes best given his outlook. Mike McGlone (@mikemcglone11) at Bloomberg Intelligence also joins us to discuss the commodity markets, including his outlook for oil, copper, gold, and more. Mike says Dr Copper is signaling global recession. Lastly, in today's Smart Macro segment, Chris Puplava discusses the dislocations we are starting to see in the broader financial and currency markets as interest rates reach a breaking point.
For more information about this video or our investment services, Contact Us or give us a call at (888) 486-3939.