Investors need to brace for a 10% market correction over the next month, as they make sense of the Fed’s stance on interest rates.
The U.S. central bank is forecast to announce it will begin to taper its $120 billion monthly bond purchases on Wednesday, and the real story for the markets is how the Federal Reserve will talk about inflation.
Indeed, inflation is becoming a much bigger issue than most analysts had predicted, so investors will be grappling to fight the trend of Read More
U.S. President Biden’s decision to select Janet Yellen as U.S. Treasury Secretary could help stock markets reach all-time highs this year.
Joe Biden’s inauguration as the 46th President of the United States on Wednesday signifies a new era bolstered by certainty, stability and a return to established norms. All things the markets favour.
That said, after the pomp and ceremony of the inauguration, investors’ eyes are now on Janet Yellen, who will take Read More