, which followed a meeting of the Fed on May 4th at which America’s central bank raised rates by 0.5 percentage points, offers an answer: very painful.
a year from now and almost 4% in three years, according to a survey from the Federal Reserve Bank of New York on May 9th.sell-off has been vicious for technology stocks One question is whether the market slump signals deeper trouble in the economy. America’s unemployment rate is just 3.6% and more than 11m jobs remain unfilled. But the more zealous the Fed has to be, the more likely it is to cause a recession. Meanwhile, war in Ukraine has stoked energy prices. And China’s zero-covid policy is damaging its economy and adding to supply-chain snarl-ups around the world.
Source: News Formal (newsformal.com)
Media is on the bear market. Time to buy.
Haha. Quite timely. 5 days after this bear rally gets over, Economist wakes up.
Not yet. Too much of options speculation using the war and inflation as an excuse. Most large corporations and market speculators want their cut till someone in the government may step in to regulate their greed.
With europe and china being less than investable... north American dividends look pretty good to me. Guess where money will flow... not bonds.
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