On the SPOT blog (10/06/2022) [D..]
- Salyl Bhagwat
- Oct 6, 2022
- 3 min read
Market's behavior today (all three major indices finishing in red) seemed logical. I mean, with oil prices set to go up, one can't expect fight against inflation to get easy and rate hikes will most likely continue for a while. Besides, jobs report comes out tomorrow so there doesn't seem to be any reason to get in today and some might have even indulged into profit-taking.