Financial Market Breakdown - Week of September 19, 2022

Quick Highlights

  • Futures are moderately lower, mostly on momentum from last week’s declines and following a quiet weekend of news.
  • Geo-politically, Russian President Putin and Ukrainian President Zelensky gave interviews over the weekend, and neither implied the war would end anytime soon, which is a mild disappointment for markets.
  • Chinese authorities ended the lockdowns in Chengdu, but gave no indication the “Zero COVID” policy will change.
  • Econ Today: Housing Market Index (E: 48).