Wharton School's Jeremy Siegel said the Federal Reserve might be pressured to taper its economic support measures faster than expected due to surging inflation, and that has the potential to spook the markets.
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Higher rates set to protect emerging market currencies from Fed taperThe shift in global inflation expectations from transitory to sticky will spare emerging market currencies a sell-off in the next few months as central banks consider or deliver near-term interest rate hikes, a Reuters poll of strategists found.
Source: Reuters - 🏆 2. / 97 Read more »
In today’s stock market, small-caps are punching up as large-caps have lagged behindFund manager Timothy Skiendzielewski says small-cap stocks are cheaper and smaller companies are posting faster profit growth.
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European markets set to bounce back at the open in rollercoaster week for stocksEuropean stocks are expected to bounce back on Thursday, opening higher and continuing a week that has seen wild swings in global market sentiment and trading. this is terrible news
Source: CNBC - 🏆 12. / 72 Read more »