Three Minute Trend Talk™ – February 7, 2023

In case you’re in a hurry, here are three things to know right now. First, 2023 is off to a solid start for both the markets and our managed strategies across the board. That’s not surprising since markets had put in a floor back in early December and we’ve been invested more assertively since then. Second, last week’s blockbuster employment number was a real shocker – more than a half million jobs created last month despite massive planned layoffs in the tech sector. You’d think that’d be good news, but it’s not – it means that the Fed is going to have to keep hiking rates in an attempt to slow down inflation. And lastly, if you wanted me to give you one reason for the Fed and Congress to do everything possible to get inflation under control, I’ll do you one better. I can give you 31 trillion reasons.

Mark Scheffler, AIF®, hosts this Three Minute Trend Talk™, highlighting current investment and economic issues, clearTREND® recommendations for the positions used in all Appleton Group managed portfolios, global investment trends, and more (select 1080p HD for best resolution, 720p HD for slower connections).