The Fed's plan is working

Dear Reader, Tighter monetary policy from the Federal Reserve continues to have an unambiguously negative impact on the housing market as higher mortgage rates cool activity. But it’s also having the central bank’s intended effect of cooling prices. Manufacturers are cautious about the outlook for the economy, but actual activity remains resilient. Labor market indicators, meanwhile, continue to hold up. Unfortunately, the propensity for certain segments of the economy to grow is preventing inflation from coming down faster. And aggregate measures of inflation remain very high. So prepare for things to cool further given that the Fed is clearly resolute in its fight to get inflation under control. Recession risks will continue to intensify and analysts will continue trimming their forecasts for earnings. For now, all of this makes for a conundrum for the stock market and the economy until we get “compelling evidence” that inflation is indeed under control. The good news is there’s still a strong case to be made that any downturn won’t turn into economic calamity. This is corroborated by the fact that there’s been no collapse in industrial activity or consumer spending, which has been supported by the resilient labor market and rising incomes. And while markets have had a terrible year so far, the long-run outlook for stocks continues to be positive. Editor, Silver Ridge Market Report Andrew Graham [Andrew Graham] P.S.  An unusual millionaire says [on this page]( that he gets his best money-making tips from Whales. Not literal whales. Instead, these Whales are people who control massive amounts of cryptocurrencies. They’re commonly called “Whales.” And this millionaire follows their strategies to make tons of money. Anyone can copy what he’s doing. After the recent crash, following the moves of billionaire cryptocurrency Whales could make you a fortune. [Click here to find out their strategy.]( 316 Media and Silver Ridge Market Report, is not giving individualized financial advice. Never invest more than you are willing to lose. 316 Media or Silver Ridge Market Report is not giving financial, investment, or stock advice. Our content is designed for generalized informational purposes only. If you have specific questions about investments or stocks you should consult a financial advisor. Articles, News, Or Other published materials are not always the views of 316 Media and/or Silver Ridge Market Report. If you feel you are receiving these emails in error please email Support@SilverRidgePro.com or click the unsubscribe button below. 316 Media 30 N Gould St, Ste R, Sheridan United States of America [(307) 200-9389](tel:(307)%20200-9389) srmr@silverridgepro.com [Unsubscribe](