The Fred Report - Weekly April 18, 2022

View a Printer Friendly version of this page, allowing you to print the page.

While this is still intermediate-term negative, there are a couple of favorable patterns that could spark a short-term rally. We would not be surprised to see an up week. The question we have to ask is why, if optimism is as low as the AAII survey suggests, has there been no panic put buying? We think the reason is that people continue to feel that when the war is over ll will be well, in contrast to our view is that the problems we are having are not caused by the war. If Municipal Bond ETFs go much lower, the downside target will be the actual 2020 lows.

Sorry this page is available to subscribers only.
If you're not a subscriber why not
join today?

If you are already a subscriber, please login.

If you believe you should be able to view this area, then please contact us and we will try to rectify this issue as soon as possible.

To gain access to the members only content click here to subscribe.

You will be given immediate access to premium content on the site.




Who is Fred Meissner, CMT?
Listen here:

The FRED Report is not authorized, endorsed, or affiliated with the Federal Reserve of St Louis and its FRED Economic Data.