Stephen Guilfoyle in his Market Recon column highlights multiple reasons for Wednesday's big selloff, awaits the October CPI data, covers crypto troubles as Binance backs off buying FTX, says to follow the yield curve to measure recession prospects, and offers 3 long ideas in TJX, P&G and CVS Health.XLE
Negative returns for 2022? It's a midterm election year. We will see increased volatility. Anything is possible, and it would not surprise me..XLRE