November 2022 Monthly Recap
Talking Points
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Inflation moved lower for the fourth consecutive month from 8.2% to 7.7%, and was below the forecast of 8%
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The Fed hiked rates by 0.75% for the fourth consecutive time, but hinted at a slowing pace going forward
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The 10-year Treasury Yield fell from 4.10% to 3.68% as investors priced in the possibility of lower rates in the future
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The NAHB Housing Market Index fell for an 11th straight month to 33, largely due to mortgage rates and elevated prices
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Consumer confidence remains near historical lows while consumer spending remains robust - contradicting each other
Market Health Indicator* |
Market Data |
*The Market Health Indicator is a monthly indicator created in September 2021 that is designed to measure market health on a scale of 0 - 100, analyzing various market segments such as economics, technicals, and volatility using data back to January of 2000. Higher scores indicate healthier market conditions. |
Model Updates
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