May 16, 2022

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Market Update: May 16, 2022 China Production Drops On Lockdowns

Transcript: Tom Vaughan: Hello, everybody, welcome to Monday, the S&P 500 was down point three 9%. Today, really the big catalyst seem to be news coming out of China industrial production and China was down 2.9% For this April versus last April, and retail sales were down 11.1%. And obviously, both of these are attributed

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May 16, 2022

Is Recession Looming? How Might Recession Effect the Market?

Transcript: Marie Marinovich: I’m hearing in the news that we are heading towards a recession. What is a recession? And what does it mean to the stock market? Tom Vaughan: Okay, yeah, this is a really big deal. The on a very technical terms, a recession is two quarters of gross domestic product, negative right

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May 16, 2022