Stocks Ended Lower Yesterday, Bank Fears Weighed, While Investors Cheered Better Than Expected PPI

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"Inflation is a harder genie to put back in the bottle than many people realize." Karim Rahemtulla, Head Fundamental Tactician, Monument Traders Alliance Don't hold your breath or buy into the Fed's mumbo-jumbo. Yesterday, the Fed raised rates another 75 basis points. The rationale is that raising rates will slow economic growth, and that will in turn slow inflation. Maybe. But if history is any guide, we ought to be skeptical. Learn How You Can Play Inflation to Your Advantage INSIGHTS YOU MAY HAVE MISSED Pick Up Shares Before This Company Hits the Bank! Dow About to Drop 80%?! Hold On a Second Profit Off the Global Heat Wave Are We in a Recession? Look at This Indicator... These 3 Cryptos Could All Be Bigger Than Bitcoin The Cheapest One Is Just $2. But Top Crypto Traders Are Pouring In. Find Out Why Here. Follow Us on Instagram! FACEBOOK TWITTER   Monument Traders Alliance   You are receiving this email because you subscribed to Trade of the Day. To unsubscribe from Trade of the Day, click here. Questions? Check out our FAQs. Trying to reach us? Contact us here. Please do not reply to this email as it goes to an unmonitored inbox. To cancel by mail or for any other subscription issues, write us at: Trade of the Day | 16 West Madison Street | Baltimore, MD 21201 North America: 1.800.507.1399 | International: +1.443.353.4977 Website | Privacy Policy Keep the emails you value from falling into your spam folder. Whitelist Trade of the Day. © 2022 Monument Traders Alliance, LLC | All Rights Reserved Nothing published by Monument Traders Alliance should be considered personalized investment advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized investment advice. We expressly forbid our writers from having a financial interest in their own securities recommendations to readers. All of our employees and agents must wait 24 hours after online publication or 72 hours after the mailing of printed-only publication prior to following an initial recommendation. Any investments recommended by Monument Traders Alliance should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company.