October 18, 2022 - Daily Market Briefing

Ben and Tom discuss the White House planning an SPR announcement as Core CPI continues to be elevated. They plan to release another 10-15 million barrels of oil as part of a drawdown announced in the spring. The market has a strong rally as earnings are continuing to be reported this week. Market sentiment overall is low, as cash has hit an all time high in investor porfolios since April of 2001.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