U.S. stock futures bounced Friday morning and the 10-year Treasury yield ticked higher — and more in Friday’s stock market recap.
Federal Reserve Chair Jerome Powell said he can’t guarantee a “soft landing” for the economy in an interview released Thursday. Powell’s comments have caused a lot of concern that inflation will remain high even as the economy slows.
As the war in Ukraine continues, the head of the UN World Food Programme said “millions of people around the world will die” if Ukraine’s Black Sea ports aren’t reopened, pleading with Russian President Vladimir Putin to reopen trade channels.
This has been a concern of mine for months — and time and again I’ve been highlighting the companies whose products will be in high demand… like dry and canned goods producers Campbell Soup, Kraft Heinz, Kellogg and Hormel Foods.
To me this was obvious, and that’s why I make these daily videos — to bring you the news before it makes headlines.
In this morning’s stock market recap video, you'll discover which sectors are ready to trade higher… why the market sold off yesterday… whether volatility is peaking or ready for take off… which sector remains in the first position and why… two hot stocks showing strong pullbacks… plus a full update on the global turmoil and some stocks poised to help.
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