US stock markets end a ‘very challenging month’

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CommSec’s Tom Piotrowski says US markets ended what has been “a very challenging month”, on the front foot. Mr Piotrowski told Sky News Australia there is belief that inflationary pressures will “remain a challenge”. “There is a likelihood that, at the least, interest rates will remain higher for longer.

CommSec’s Tom Piotrowski says US markets ended what has been “a very challenging month”, on the front foot.

Mr Piotrowski told Sky News Australia there is belief that inflationary pressures will “remain a challenge”.“That has driven long term rates higher, creating headwinds for those stock markets.Presented by CommSec.

Source: Financial Digest (financialdigest.net)

 

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