Bad Corporate Earnings & Fed Rate Hikes = Stocks Plunging: Dismal Corporate Earnings from Powerhouses like Netflix and others have the stock market trending down. That coupled with the fed talking more rate hikes has investors very weary of the future.

The Shanghai Lockdown is hurting the worlds economy: The zero Covid policy by the CCP in Shanghai has drastically hurt the economy of China, but shutting down the world's busies port is having adverse effects on everyone, not just the Chinese. The crazy part is that China has only reported 3 deaths since the latest spike in Covid in Shanghai. Just more evidence that this lockdown and others like it are more about control over the people than it is about Covid safety.

Another Housing Bubble?! With inventory at 20-year lows and borrowing money becoming more expensive by the minute some analysts fear another housing bubble. Most expect home prices to remain at their current levels for some time but demand will inevitably start to cool.

Earnings from Big Tech This Week. Microsoft, Google, Apple, and Amazon are all reporting earnings this week and the big questions is whether the pandemic profits are a thing of the past. If the rest of big tech falls short like Netflix did, expect a major downturn in the market from panic selling. 

Twitter reconsidering Elon's offer: Twitter at first threatened the Elon Takeover with a poison pill but now they are possibly reconsidering since Elon has raised $46.5B for the blue bird. personally, C3 would be very happy with Elon purchasing Twitter. We would love to say good-bye to radical leftist Parag Agrawal.

Crypto Woes & Crypto Hope: The Fed and overseas regulations have Cryptos stumbling the past few days but Crypto Bulls are hopeful because of the possibility of a BTC ETF. If an ETF gets approved for Bitcoin then Cryptos could sky rocket. This is a big WHAT IF though. Also, the regulations coming down on Crypto could be a good in the long-term as more regulation would promote Crypto as an acceptable form of payment across the globe.

Quick Hitters...

• Senior US officials traveling to Kyiv to meet with Ukraine Pres.
• SnapChat impressed during their earnings report
• CNN + is getting canceled. Taking delight in another's failure seems wrong, but when it comes to CNN is seems so right.

>>>Kevin McCullough Money Monday Interview 4/18/22 (Free Stock Evals)<<<