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Just and client and Steve Peasley, stand ready to take your finance and investment questions

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Invest Talk is made possible by KPP Financial, a registered investment advisor firm serving

clients throughout the United States.

The clarity for your path forward starts now.

Here is KPP Chief Executive Officer, Financial Advisor, Justin Klein.

Good afternoon fellow investors and welcome back to Invest Talk.

This is our Wednesday, February 1st, 2023 edition, and guess what?

The first month of the year is firmly in the rearview mirror, and today we had the exciting

Fed Day, a lot of volatility, a lot of people were prognosticating about what would they say,

everyone kind of knew what they would do, quarter basis point increase, but it was more about

what the next Fed meeting would look like, what policy would look like going forward.

And so many people were trying to fade this move saying, hey, it's rally too much into the Fed

meeting and we're going to sell the rally. And while often that is a common occurrence

in markets, by the rumor, sell the news type of event, we had a bit of a different backdrop.

Part of it is people are still not positioned very aggressively across the markets.

If you think about how bearish people were in October, and then tax law selling in December,

people came into the year under invested, underweight equities.

And then you have liquidity just flowing back into economies, partly from the bank of Japan,

excuse me, not big of Japan. Bank of China, big of Japan is part of it, where big of Japan

is raising rates, that's weakening the dollar, and a weak dollar is better for asset prices in general.

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