October 24, 2022 - Daily Market Briefing

Published: Oct. 24, 2022, 5:16 p.m.

Ben, Tom, and Andrew discuss sentiment in the market with the potential of a lessened rate hike to 50bps in December, noted in an article by Nick Timiraos in the WSJ. Japan fights to keep the Yen from weakening further, as it continues to slide. Boris Johnson removes himself from the PM elections in the UK. Xi Jinping will continue as the leader of China for an 'unprecedented' 3rd term, the longest since Mao. Continued earnings reports will take place this week.

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