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Dow Crashes 1200 Points on CPI Data!

Name: Dow Crashes 1200 Points on CPI Data!
Uploaded: 2022-09-14
Channel: David Kindley
Description: Wall Street was left licking its wounds yesterday after a broad sell-off in its Indices.CPI data came in hotter than expected as the Dow, S&P, and Nasdaq all fell by over 4%.The likelihood now grows that the Fed will continue its aggressive polic

By David Kindley Last updated Sep 14, 2022 421 0

Wall Street was left licking its wounds yesterday after a broad sell-off in its Indices.

CPI data came in hotter than expected as the Dow, S&P, and Nasdaq all fell by over 4%.

The likelihood now grows that the Fed will continue its aggressive policy in the next meeting, with a possible 100 bp hike!

Timestamps
DOW 01:45
XAUUSD 03:15

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David Kindley

Market Strategist at Orbex David Kindley is a renowned fundamental analyst with over 10 years of trading experience in the financial markets. With a keen eye for macroeconomics and a special focus on trading psychology, David is passionate about helping everyday investors make informed trading decisions through his thorough research and analysis.

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