EPISODE · Nov 3, 2022 · 20 MIN
November 3, 2022 - Daily Market Briefing
from The Morning Market Briefing · host Narwhal Capital Management
Tom and Ben discuss the release of economic data showing an apparent slowing of the economy. Qualcomm notes that smartphone sales are down nearly 8% as Costco sees monthly sales begin to decelerate. Refined oil sees their lowest inventories since 2014, and the future of the reserve supply isn't exactly certain. FED meeting recap creates another push of lowered senitment in the market as the rate hike and Powell's speech saw a huge decline in the market to end yesterday.For information on how to join the Zoom calls live each morning at 8:30 EST, visit https://www.narwhalcapital.com/blog/daily-market-briefingsPlease see disclosures:https://www.narwhalcapital.com/disclosure
What this episode covers
Tom and Ben discuss the release of economic data showing an apparent slowing of the economy. Qualcomm notes that smartphone sales are down nearly 8% as Costco sees monthly sales begin to decelerate. Refined oil sees their lowest inventories since 2014, and the future of the reserve supply isn't exactly certain. FED meeting recap creates another push of lowered senitment in the market as the rate hike and Powell's speech saw a huge decline in the market to end yesterday.For information on how to join the Zoom calls live each morning at 8:30 EST, visit https://www.narwhalcapital.com/blog/daily-market-briefingsPlease see disclosures:https://www.narwhalcapital.com/disclosure
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November 3, 2022 - Daily Market Briefing
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