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This interview was filmed on April 26, 2022.
With major indexes in the red and volatility running high, market participants are looking for answers about what’s happening and what may be next.
“Really what’s going on here is you now have a Fed that’s tightening, and we know that,” Gareth Soloway of InTheMoneyStocks.com told the Investing News Network.
“Next week we’ll see probably a 50 basis point rate hike, (and) the market is now pricing in further rate hikes the rest of the year — and a potential slowdown in the economy because of that.”
#Investing #Gold #Bitcoin
0:00 – Intro
0:20 – Stock activity and Fed meeting
3:53 – Focus on cash and quality names
6:19 – Gareth’s big inflation concern
8:20 – Inflation-proofing your portfolio
11:15 – Next buying opportunity for gold
15:33 – Bitcoin headed down to US$20,000
18:42 – Final thoughts and outro
Investing News Network (INN)
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The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.