Markets are wrong about Fed pivot; Powell will keep raising rates, and a year-long recession will ensue - Danielle DiMartino Booth - Kitco NEWS
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8/19/2022 12:00:00 AM2 years 8 months ago
by http://www.facebook.com/kitconews
by http://www.facebook.com/kitconews
Markets are wrong about Fed pivot; Powell will keep raising rates, and a year-long recession will ensue – Danielle DiMartino Booth
Despite a poor performance over the year, stock markets have rallied recently, with the S&P 500 up by 8.8 percent over the last month. This is partly due to expectations that the Fed will pause w… [+3436 chars]
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