Stock Market Rebounds
Be Wealthy & Smart
Linda P. Jones
4.8 • 883 Ratings
🗓️ 16 March 2022
⏱️ 9 minutes
🧾️ Download transcript
Summary
Discover why the stock market rebounded yesterday and what to expect next. The Federal Reserve meeting is today. They are expected to raise interest rates by .25%. Things are moving along as we have been expecting.
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Transcript
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| 0:00.0 | Be wealthy and smart, episode 110. |
| 0:02.8 | I'm gonna live no rich life. |
| 0:06.8 | Rich life. |
| 0:07.8 | If y'all know what I mean, put your hands up and declare with me |
| 0:13.6 | Yeah, I'm full of bed time I'm gonna live the good life |
| 0:20.6 | I'm gonna live the good life |
| 0:21.6 | a beautiful and glorious life Step into a world of wealth and wealth and financial freedom without budgets, boredom or bosses on |
| 0:31.2 | be wealthy and Smart. |
| 0:34.0 | And now here's your host, Linda P. Jones. |
| 0:38.0 | Welcome to Be Wealthy and Smart. |
| 0:39.4 | I'm Linda P. Jones, America's Wealth Mentor. |
| 0:41.7 | Empowering women and Men Worldwide to Financial Freedom. |
| 0:45.0 | On today's show, we're going to talk about why the stock market is looking strong. |
| 0:49.6 | Yesterday, the Dow was up 599 points or 1.8 percent and it felt great to have the market |
| 0:57.6 | rebounding again. We also had the NASDAQ up 367 or 2.92 percent and the S&P 500 was up 2.14 percent. |
| 1:09.2 | So a really strong day yesterday and things were looking dramatically different than just a few days ago. |
| 1:15.0 | But hopefully you bought on the dips and you felt a little more confident doing so. |
| 1:20.0 | The market sentiment right now is extremely bearish, meaning that people have |
| 1:26.2 | extreme fear. That is often an indicator at or near a bottom. And I do believe we've been in a bottoming process as I've been telling you. |
| 1:35.4 | So I feel like the bottom could be behind us. We may go down test the lows again, |
| 1:41.0 | but I really feel like we are getting closer to April and the second quarter, which has |
| 1:45.9 | been that time frame that I've been telling you, the stock market is going to take off on the |
... |
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