14/10/22. Weird session on Wall Street brings big positive returns.
Dow Jones +2.83%. SP500 +2.6%. Nasdaq 2.23%. Small Caps +2.54%. Banks +5.19%.
Inflation figure came in at 8.2% above the expected 8.1%. The stock market sold off initially and was down >2% but then reversed to produce a massive swing to the upside.
Blogger is playing up again like it did a couple of weeks ago. I can't load charts any more so I'll terminate today's Blog here - except to say, I believe we will see at least a massive counter-trend rally here and likely the end of the bear market.
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