why is the market suddenly crashing

Why is the Market Selling Off Again?

In this section, Kevin discusses why the market is suddenly selling off again and whether it's a healthy pullback or something bigger at play.

Possible Reasons for the Market Pullback

• Jerome Powell's indication of higher interest rates.

• Bank of England inflation hitting a 31-year high.

• Powell speaking on Wednesday with other hawks about inflation.

• Personal consumption expenditure gauge coming out on Friday.

GDP Report and Catalyst

• Annualized GDP read coming out, expecting a 1.4 read.

• Double-edged sword of wanting higher GDP rate but not wanting FED to feel like they have a runaway economy.

Other Information

• Building Your Wealth program expiration on Friday with prices going up as new lectures are released.

• Trio bundle featuring AI with stocks and real estate is popular.

Real Estate and Earnings Season

In this section, the speaker discusses how residential real estate investments could potentially keep the economy out of a recession. They also talk about the upcoming earnings season and how it is a big catalyst that everyone is waiting for.

Real Estate Investments and Recession

• Residential real estate investments, especially new construction home building, could potentially keep the economy out of a recession.

Upcoming Earnings Season

• The upcoming earnings season is a big catalyst that everyone is waiting for. It starts on July 18th with Q2 earnings reports.

• Some managers and retail investors are taking profits before earnings season begins.

• It may be premature to start pricing in Q2 earnings at this point.

FOMC Meeting and CPI Report

• The next FOMC meeting will take place after earning season begins, from July 25th to 26th, with the press conference on July 26th.

• CPI report will come out on July 12th.

Bank Earnings Reports

• Bank earnings reports will start coming out during the week of July 18th, starting with Delta on July 13th. Morgan Stanley and Bank of America will follow shortly after that. Tesla's report is scheduled for July 23rd.

Trading Opportunities

• Fluctuations in the market should be seen as buying opportunities for long-term investors looking to increase their quantity of favorite shares.

• For those who are nervous about seeing their year-to-date return go down, trading might be an opportunity to lock in profits before or after earning season ends.