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Annual inflation is easing as Fed's favored measure, PCE index, drops to 2.4% in Jan. Income rises 1%, yet most analysts optimistic of Fed hitting 2% target.
None Markets are facing a black swan event, according to veteran strategist Jeff Bierman. • None Bierman pointed to a positive correlation between 5 assets,…
"There's nowhere to hide, no diversification in this type of market. This is a black swan event," one veteran technical strategist says.
Need to Know: These five synchronized assets are pointing to a ‘black swan event,’ says market veteran Need to Know April 20, 2023 View in Web Browser These five synchronized assets are pointing to a ‘black swan event,’ says market veteran By Barbara Kollmeyer Critical information for the U.S. trading day Getty Images Blame
Black swans swim at a zoo in Wuhan, Hubei province, China. Reuters/China Photos Markets are facing a black swan event, according to veteran strategist Jeff…