Recession Chances Have Increased, Energy Still Performing The Best

Published: Oct. 10, 2022, 7:15 p.m.

b"The odds of a recession have gone up dramatically, says Wayne Kaufman. He discusses why futures are continuing lower. He notes that it is related to AMD (AMD) and Samsung's (SSNLF) negative announcements. He also talks about how the employment situation report reflects that the Fed is going to keep on their current track. He then goes over how energy is the best performing sector simply because it is losing the least. He mentions how the OPEC+ production cut will impact oil prices. Tune in to find out more about the stock market today."