News Formal

Here's why stocks are still vulnerable in September

  • 📰 CNBC
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Stocks still aren't cheap, rates still seem like they want to push higher, and China is definitely weaker. All of which leaves stocks vulnerable in September.

Well, thank goodness that is over. Federal Reserve Chair Jerome Powell's Jackson Hole comments were mildly hawkish, but the market had the tone perfect before the speech started on Friday. Powell reiterated: "Additional evidence of persistently above-trend growth could put further progress on inflation at risk and could warrant further tightening of monetary policy." That is exactly what the markets have done this month.

That means the "pain trade" in September is for strong growth to continue, rates continue to creep higher, and the markets to go lower. What is happening with inflation? Here's the bad news: we have rarely been so clueless about the path of the economy. Is the economy going to reaccelerate, is it going to slow down just enough , or is it going to slow down much more than anticipated? Fed officials seem uncertain about what to do.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

China stocks climb after authorities attempt to lure investors with stock tax cut, other movesChina officials kicked off a new week with moves to get investors back in the beaten-down stock market.
Källa: MarketWatch - 🏆 3. / 97 Läs mer »

China and Hong Kong stocks lead gains as Asia markets climb after Jackson HoleInvestors will be looking at China's factory activity on Thursday, as well as PMI readings across the region on Thursday.
Källa: CNBC - 🏆 12. / 72 Läs mer »

Asian stocks surge as China supports equity markets By Investing.comAsian stocks surge as China supports equity markets
Källa: Investingcom - 🏆 450. / 53 Läs mer »