Tech Bust Meets 'Old Economy' Revenge

October 28, 2022 – Ryan Puplava gives this week's market wrap-up. Bruce Fraser at Wyckoff Power Charting gives a technical update on the market and says we are seeing a similar setup to the 2000-2002 period where investors rotated from overvalued tech names into undervalued energy, industrials, and resource stocks (click here for today's chartpack). Next, Financial Sense Newshour's Jim Puplava speaks with Greg Weldon at Weldon Online about the ongoing turbulence in the currency and bond markets and how he's navigating the current investment landscape. Lastly, Chris Puplava joins us for our final Smart Macro segment and explains how large foreign investors are stepping away from buying US Treasury debt, which is leading to a spike in yields. What does the mean for the outlook? Tune in as we take a deep dive into the structural factors driving today's markets.

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