Earnings to drive shares after rates chaos: Magellan chief

Magellan chief executive David George expects US corporate earnings will come under pressure in the higher interest rate and inflationary environment, and warned of more challenging market conditions and volatility ahead.

“It’s not clear how sticky things will be because there are new factors that are coming in, even as central banks are working on some of the old problems.”The comments come as sticky inflation andreinforce expectations that the US Federal Reserve will keep raising interest rates. “The RBA deals with a different set of circumstances, in particular, how the pass-through works towards households and the mortgage market structure, which is a lot more floating rate,” he said.

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

‘I’m meant to be the expert’: David Koch’s shocking poor finance admissionThe veteran Sunrise host and finance guru has warned Australian homeowners not to make a similar mistake, after a candid confession about his own financial position. Mouth & trousers Kotch wouldn’t know shite from very good clay 😕 Just another pumped up over paid Know All !
مصدر: SkyNewsAust - 🏆 7. / 78 اقرأ أكثر »