Why the stock market has fallen in December, and what it means going forward

  • 📰 ABC
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

The uncertain near-term outlook for the U.S. economy has amplified market volatility, as recession fears weigh on expectations for company earnings.

After rallying in October and November, the S

The uncertain near-term outlook for the U.S. economy has amplified market volatility, as recession fears weigh on expectations for company earnings, analysts told ABC News. However, reason for long-term market optimism has emerged after a monthslong streak of declining inflation and an anticipated slowing of rate increases at the Federal Reserve, some analysts said."December for many is the hardest month to trade," Ed Moya, a senior market analyst at broker OANDA, told ABC News.

"While there is downside risk, overall things are looking more constructive for equities as we look ahead to 2023," he said.

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:

 /  🏆 471. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

President says it’s strong as hell and that the Southern Border is secure😳

APPL will buy TSLA soon

Canada Canada Latest News, Canada Canada Headlines