Daily Market Commentary

November 30, 2021

Bonds & Stocks
Treasury futures knocked from high of the day on high volumes after Fed Chair Powell says the risk of higher inflation has increased.

Economy
Stocks extended losses after Federal Reserve Chair Jerome Powell said the risk of price pressures has increased, adding that it's time to retire the word "transitory" regarding inflation.

World
Federal Reserve Chair Jerome Powell, in his first public remarks on the omicron variant of the coronavirus, said it poses risks to both sides of the central bank's mandate to achieve stable prices and maximum employment.

The information represented herein was obtained from various sources, which we believe to be reliable. Neither the information presented nor opinions expressed constitutes an offer to buy or sell any security. And it is not intended to guide the investor on which securities to buy, or when to buy or sell.

Today, Tomorrow, Together