EDITOR'S NOTE
Markets could face more turbulence in the week ahead. Investors will continue to watch for new developments related to the omicron variant of Covid as they assess the possible move by the Federal Reserve to speed up the wind down of its bond buying program.
Fed Chairman Jerome Powell revealed the Fed will discuss fast forwarding the end of the program when it meets Dec. 14. That triggered new concerns that the Fed will begin to raise interest rates sooner than anticipated because of rising inflation.
The big data in the week ahead is the consumer price index Friday morning, and it is expected to be even hotter than the 6.2% annual pace in October.
Stocks were volatile in the past week, with big swings in both direction. The riskiest names were hit hardest, and tech and growth felt the brunt of the selling Friday. Small caps were down nearly 4%, while the S&P 500 ended the week off 1.2% and the Nasdaq fell 2.6% for the week.
THE WEEK AHEAD
MICHAEL SANTOLI'S MARKET COLUMN
ACTIVIST SPOTLIGHT
YOUR WEEKEND BRIEFING
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Sabtu, 04 Desember 2021
Bitcoin is tanking | Santoli on the market sell-off | Cramer's outlook
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