On the SPOT blog (06/01/2022) [V..]
Updated: Aug 31, 2022
Economic data, QT (Quantitative Tightening) start, and commentary around inflation control seems to suggest that Feds will continue to be aggressive in controlling inflation. This is generally obvious but there might be lingering worries of a slow down so the US indices closed in the red. Markets are expected to be volatile this year so it appears that unless one is very confident of the long-term prospect of stock(s) in respective portfolios, profit-taking is procedural.
Want to read more?
Subscribe to www.gammathworks.com to keep reading this exclusive post.