2 Question Tuesday — 10/18/2022 — Why Did The Market Rally After Poor CPI & What’s Going On With Credit Suisse?

Welcome to 2 Question Tuesday. This week’s client submitted questions were:

  1. Why did the market rally after the poor CPI report?
  2. What’s going on with Credit Suisse and should we be worried?

Phil, Mike, and Larry discuss why the market had one of its biggest one-day rallies after the Consumer Price Index showed that inflation is not under control and the feeling that the Federal Reserve will have to raise interest rates again.  Then they look at the situation with investment bank Credit Suisse.  The company looks to have a huge capital shortfall in the near future. Should we be concerned that this could be just like the fall of Lehman Brothers?

Submit your questions to question@2questiontuesday.com

As always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.

Special guest host Lawrence Carrel’s books available available at Amazon.com