Why Stock Market Rallied with War, Rate Hikes & Recession Worries? | Midas Letter Daily ft $TSK @elementus_io
Investor uncertainty has been at record highs for the last couple of years. Starting with the pandemic and escalating with inflation/recession worries and the worst form of geopolitical conflict: war. Unfortunately, it doesn’t look like these issues will improve in the short run. So why then did the stock market rally?
It is worth noting that even with the recent stock market rallies, Wall Street is still in the red this calendar year. The S&P 500 (INDEXSP: .INX) is down about 10%, NASDAQ-100 (INDEXNASDAQ:NDX) down about 15% and the Dow Jones Industrial Average (INDEXDJX:.DJI) is in the red by 7% this year.
One theory for the recent rise could be that increasing numbers of sophisticated players are front running the events of the Fed, knowing that the President’s Working Group influence will be there to buy on the morning of Fed announcements.
Watch the full show to see how markets are reacting to current event, why markets are reacting the way they are, and how we are responding from an investors perspective.
We have two exclusive interviews on deck this week:
Elementus CoFounder & CEO Max Galka
Elementus are aiming to build the first universal blockchain search engine. Just like the telephone network has a directory in the Yellow Pages, and the worldwide web has Google as a search engine, Elementus is building a global index function for the blockchain. Currently, the blockchain is a very big, transparent, open network that is hard to make sense of and hard to properly use without a global indexing function.
The blockchain needs some form of transparency. Without it, the use of its technology would be too dangerous for people to get involved with. Elementus has created solutions that are currently being used by key U.S. government agencies to solve cyber investigations like Russian syndicates, trafficking, and money laundering.
Talisker Resources Ltd (TSE:TSK, OTCMKTS:TSKFF) CEO Terry Harbort
Talisker is a junior gold exploration company with projects in British Columbia, Canada. Talisker’s projects include two advanced-stage projects with potential from historical high-grade producing gold mines. The company’s ts properties comprising 296,983 hectares over 346 claims, three leases and 198 crown grant claims.
Talisker recently announced further high-grade results from its Bralorne West area highlighted by 38.01 g/t Au over 1.55 metres and 13.43 g/t Au over 1.70 metres at its 100% owned flagship Bralorne Gold Project.
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