"Gasoline prices are coming in sharply and investors do not have to see Federal Reserve Chair Jerome Powell start to reinvigorate new hawkishness. The battle of fighting inflation is not done yet as prices continue to surge higher. The stock market today is pointing higher and will start to squeeze bearish or short traders. Advisors took their clients down between 30% to 50% into cash and this money has to go back to work," says Bill Baruch.
Futures
11 Aug 2022
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