OPEC will cut production by 2 million barrels a day, likely sending gas and oil prices back up. This should cause future cpi data reports to come in higher than expected which would cause the stock market to drop.
1. 🚨 Message me any questions: https://discord.gg/kwVQtmu
2.✅ LPP 2.0 $100 (LIVE TRADING): https://bit.ly/100OFFLPPNOW
3. 📸 Ricky's Insta: https://www.instagram.com/rickygutierrezz/
4.🖥 #1 Trading Store: https://shoptechbuds.com/
5.📊 Free 12 FREE Stocks (WEBULL): https://a.webull.com/i/RickyGutierrezYouTube
For those who are interested in Trading & Investing, I encourage you to join Our Free
Trading Group of over 310,000!
#inflation #fedmeeting #stockmarketcrash
Jerome H. Powell, the Federal Reserve chair, faces a challenging moment as inflation proves more durable than policymakers expected.
What to expect from the upcoming Fed meeting. Of course, the Fed decision on Wednesday, that's at 2:00 PM, which is going to be dominating conversations all week. We're also going to be keeping our eyes on retail sales. That's also coming out Wednesday morning. Let's bring in our own Alexandra Semenova for everything we need to know.
The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. Indexes are available for the U.S. and various geographic areas. Average price data for select utility, automotive fuel, and food items are also available.
Thank you for the support, the best way to reach out to me is through our private discord chat, please DM me.
1. 🚨 Message me any questions: https://discord.gg/kwVQtmu
2.✅ LPP 2.0 $100 (LIVE TRADING): https://bit.ly/100OFFLPPNOW
3. 📸 Ricky's Insta: https://www.instagram.com/rickygutierrezz/
4.🖥 #1 Trading Store: https://shoptechbuds.com/
5.📊 Free 12 FREE Stocks (WEBULL): https://a.webull.com/i/RickyGutierrezYouTube
For those who are interested in Trading & Investing, I encourage you to join Our Free
Trading Group of over 310,000!
#inflation #fedmeeting #stockmarketcrash
Jerome H. Powell, the Federal Reserve chair, faces a challenging moment as inflation proves more durable than policymakers expected.
What to expect from the upcoming Fed meeting. Of course, the Fed decision on Wednesday, that's at 2:00 PM, which is going to be dominating conversations all week. We're also going to be keeping our eyes on retail sales. That's also coming out Wednesday morning. Let's bring in our own Alexandra Semenova for everything we need to know.
The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. Indexes are available for the U.S. and various geographic areas. Average price data for select utility, automotive fuel, and food items are also available.
Thank you for the support, the best way to reach out to me is through our private discord chat, please DM me.
Gonna throw an other hellcat in the blender 😂😂 js waiting for the new lows
Not all bad news is good news, right now. Bad news pertaining to the slowing of our economy is good news. Bad news correlating to inflation is still bad news
On point man, guns up and watch your six
Money can be made in an up ,down, or sideways market. Just follow the best plan for yourself
on any given day. Have a plan of attack ready to execute in any market condition.
With this news, inflation will go bonkers again, then rates will go crazy too. Hopefully, people will grind harder amid this worse situation. Keep building the investment portfolio, we'll get through this.
How does OPEC’s action helps bring inflation down? I’m confused. I thought US govt was working towards bringing inflation down very badly.
Is it because high interest rates+high oil & gas will make ppl not buy like they have been doing?
China is in a recession, we may go into one. Oil has to go somewhere the price is headed lower.
Yes, im ready for Apple puts tmr sir
All news is bad news
Really good points you pointed out Ricky.
haha the way you talk makes you really realize how stupid most people are. Keep up the good videos Ricky, not all of us are simpletons and enjoy the insights
I don't think they want less employment, that would put more pressure on the government to support the unemployed. They want less overall spending. You can be employed and spend less which is an ideal scenario. High unemployment numbers are never favourable
Locked in profits and sat today out. Waiting for the market to show true direction here is the best bet for sure.
This is fud Ricky but hey u might be right once
hey ricky do you know when the next time powell speaks cant find anything i just see ppi oct 12 and cpi oct 13 8:30 am est
On point Ricky! Nice job. Well said
Ricky recorded this video like he just over heard his enemy declare the bottom was in lol. Puts have been purchased!
Somebody has his panties in a twist
Ricky remember that the FED has basically reached the Neutral Real Yeld, how much tightening can there still be? Would be nice if you could comment on that, thanks.
Looking for NDX to break below that moving average around $11,470 range and retest that $11,300 previous resistance level. If $11.3K cannot hold support, then I would think a retest toward $11,000-$11,100.
You know your stuff, my friend.
Ricky for President 🇺🇲
We have enough oil and gas right here in the United States and we’re not pumping anything out why should other countries do for us when we can’t do for ourselves
Who cares man when the damn market is down all fucking year
Will this next CPI report will show the increase in fuel/gas prices, isn't it a month behind?
love your focus
Horrible timing…. every time he comes out and said drop, market ripping face rally… Wait 3-4 weeks….. on his bshit calls