BofA Sees New Lows for US Stocks as Inflation Shock ‘Ain’t Over’
US stocks haven’t seen the worst of this year’s declines yet against the backdrop of scorching inflation and a hawkish Fed according to BofA.
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Legendary Investor Mark Mobius Says the Fed Will Hike Interest Rates as High as 9% if Inflation Stays High
Mobius told Bloomberg TV Wednesday that the Fed believes it has to hike past the inflation rate.
'The S&P is Forming a Bottom,' says Technical Analyst
Our call and our charts continue to suggest that the S&P is forming a bottom, Rich Ross, Evercore ISI senior managing director of technical analysis.
Summers Expects Fed to Raise Rates Above 4.3% to Curb Inflation
Fed may have to eventually raise rates above 4.3% to control inflation, Former Treasury Secretary Lawrence Summers said.
Elon Musk Reiterates His Worst Nightmare for The Economy
Markets are slumping as investors worry about the consequences of the Fed's aggressive interest-rate hikes, designed to fight an inflation rate.
Bridgewater's Ray Dalio Expects Stocks to Fall 20% if Rates Rise to 4.5%
Billionaire Ray Dalio has predicted a sharp plunge in stock markets as the U.S. Fed raises interest rates aggressively to tame inflation.
Expedia CEO: We Aren't Seeing a Consumer Recession Right Now
"...it certainly doesn't feel like there's a consumer recession happening right now." - Expedia CEO Peter Kern
