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Warm Up
- Announcing Winner of latest CTP AND Entries for the CTP Cup 2022
- China lockdowns - scaring citizens
- End of the year - Goodbye 2022 - People still concerned about 2023
- Musk boo'd ay Dave Chapelle stand-up
- China - from zero-Covid to 100% Covid
- Markets convulsing....
- Sam Bankman Fried Jailed - or just Sam Bankman NotFree or Sam Bankman Jailed

Market Update
-The S&P 500 index fell 3.4% last week as investors worried that a recent round of better-than-expected economic data might prompt the Federal Reserve to keep its key rate higher for longer.
- All of the S&P 500's sectors fell last week.
-- Energy had the largest percentage drop, down 8.4%, followed by communication services, which slid 5.4%, and consumer discretionary, which fell 4.5%. Other decliners included financials, down 3.9%; and technology and materials, which slipped 3.3% each. The smallest decline came from utilities, which edged down 0.3%.
- All eyes are the Fed meeting this week - FOMC rate decision on Thursday (75% prob of a 50 basis point hike)
- CPI Report released today!!!!!!!!!!!!!!!!!!!!!!! Amazing turn of events...

2022 Exit Plan
- Investors have good deal of capital losses
- End of year could see some selling to book those deductions
- - If that happens, look for a big January Effect mid January 2023
- Investors seem mentally exhausted from 2022 - get biz done now until end of year and "hope" for a more pleasant 2023
- 2023 may be  just as volatile as Fed not done

CPI Report
- Lighter than feared - markets go bananas on the print (November Core CPI 0.2% vs. 0.3% Briefing.com consensus; prior 0.3%)
-  Total CP