News Formal

Vincent Boland: Plunging market tells us the Fed is no longer the investor’s friend

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 71%

Business News News

Business Business Latest News,Business Business Headlines

Last Tuesday was the day it became clear that the Goldilocks era, when central banks kept materialising to soothe every market tantrum, is now over, writes Vincent Boland

When the US stock market plunged more than 4 per cent last Tuesday, in one of the most extreme daily drops of recent times, multiple factors were put forward to explain it.

The most common was that investors were reacting to bad news on the inflation front, which always means more bad news on the interest rate front. Others said the markets are still overvalued, or the US dollar is too strong; there is a ...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Last Word On The Environment : Patagonia Founder Gifts Company Towards Climate ActionThe founder of clothing company Patagonia has decided to put future company profits towards fighting climate change saying 'Earth is now our only shareholder'. lstwrd
Source: TodayFM - 🏆 26. / 51 Read more »