Macro Gives "Gut Check" to Stock Market, Tests Key SPX Levels
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Macro "is getting a bit of a gut check today," says @CharlesSchwab's Joe Mazzola, pointing to a steady climb in crude oil prices and Treasury yields as key drivers. He warns investors of a low VIX as something to mind amid all the geopolitical uncertainty and suggests hedging strategies as a way to protect portfolios. Joe tells investors to mind the S&P 500 (SPX) as well, believing a push below current levels will lead to a further flush. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185 Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7 Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore Watch on DistroTV - https://www.distro.tv/live/schwab-netw
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