Stock markets saw a nice two day pop once news came out that the UN was pressuring the Fed and other central banks to halt rate hikes. However, inflation has not been tamed and central banks will need to hike more. The Bank of Canada has come out and said that more large rate hikes are coming! Don’t bet on the central bank pivot trade!
Don’t bet on the Fed pivot trade! – Chart Attack Video
Stock markets saw a nice two day pop once news came out that the UN was pressuring the Fed and other central banks to halt rate hikes. However, inflation has not been tamed and central banks will need to hike more. The Bank of Canada has come out and said that more large rate hikes are coming! Don’t bet on the central bank pivot trade!
Enjoy!
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