Millions of People Will Be Blindsided in 2023. Will You Be One of Them?

On December 13, Louis Navellier, Eric Fry & Luke Lango will reveal the major events that could rock the markets in 2023. Will your money be safe?

Tue, December 13 at 4:00PM ET
 
 
 
 

The Grand Finale Market Selloff

After last week’s big rate-hike announcement, we heard some hawkish commentary from Fed Board Chair Jerome Powell. That really spooked the markets, and stocks have been in freefall ever since.

But the central bank hiked as expected… so, why are investors freaking out right now?

Well, the markets were expecting a soft landing in the forecast, yet the Fed’s projections showed that the bank has no intention of pivoting. It’s much more concerned with the real economy, not the financial economy. And it’s keeping its foot on the gas until something breaks.

In fact, we’re still due for one more fast-and-furious selloff in this 2022 market crash. Historically, these grand finales mark the bottom in a bear market. One more major selloff could break some things in the real economy and force the Fed to reassess.

That will set stocks up for a mega rally. But things are going to get a lot worse before they get better.

The lesson here – don’t fight the Fed. Wait until it pivots, then get constructive on stocks again.

Catch the full episode at Hypergrowth Investing on YouTube!

On the date of publication, Luke Lango did not have (either directly or indirectly) any positions in the securities mentioned in this article.


Article printed from InvestorPlace Media, https://investorplace.com/hypergrowthinvesting/2022/10/the-grand-finale-market-selloff/.

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