What If 2023 Is Not The Reset That Investors Are Pining For?
Party-poopers point to the risk of a Fed pivot turning out to be more of a plateau before more rate rises
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Party-poopers point to the risk of a Fed pivot turning out to be more of a plateau before more rate rises
Looking at history as a guide, Fed action after the 1998 Long-Term Capital collapse led to a three-month rally in the stock market to end all rallies.
Gold and silver fell to 2023 and November lows respectively vs a rising Dollar today after US Fed chair Jerome Powell sent betting on steep interest rate hikes soaring in testimony to Congress
Federal Reserve Chairman Jerome Powell to appear before Congress with a tall task.
Federal Reserve Chairman Jerome Powell to appear before Congress with a tall task.