Markets Come Roaring Back as Inflation Slows: Jarvis® Update November 11, 2022

Investors have been keying on inflation all year to determine the direction of markets. Finally this week we got some good news on that front, as the 7.7% print on the Consumer Price Index (CPI) came in below expectations.

We saw one of the strongest market days in recent memory on Thursday after the report, with the NASDAQ gaining more than 7% in a single trading session!

Plenty more to talk about this week. Earnings continued rolling in, including from a couple of our favorite companies in Axon Enterprise ($AXON) and EPAM Systems ($EPAM). CEO Noland Langford shares his views on these very strong earnings releases.

We would be remiss if we didn't mention the developments in the cryptocurrency space. We saw the blowup of high-profile crypto exchange at FTX, which caused an extreme loss of confidence in the space. We have long cautioned investors to avoid crypto and this is just another data point to support our argument.

At the same time, we know some investors are always drawn to speculative investments with upside. We close out this week's show with some alternative investment ideas for the more intrepid investors among us. There are plenty of ways to invest for upside in the public regulated markets, especially with many stocks for quality companies down 50-80% from their all time highs!

Topic 1: A Changing Inflation Picture
Topic 2: Crypto Blows Up -- What Are Some Alternatives?