A Winter of Market Confusion
After eye-watering swings in short-term interest rates the past couple of weeks, market conviction about the next few months is understandably low.
After eye-watering swings in short-term interest rates the past couple of weeks, market conviction about the next few months is understandably low.
Overall inflation hit 6.2% in October, the highest level of price hikes in 31 years. Indication rising prices are becoming a permanent feature.
Summers said global financial markets appear to be anticipating slow growth and low real interest rates for the next few years.
Rising concerns about consumer-price gains have helped fuel a leap in traders’ inflation expectations recently.
Household expectations for inflation in next 12 months climbed to 5.7% October from 5.3% previous month, per monthly Survey of Consumer Expectations.
Stronger demand, especially for investment, with inflation uptick expectations due to pandemic inflation shock, suggest we're on road to higher rates.
Kiyosaki: The US stock market is headed for 'giant crash' followed by a new depression — here are the only 3 assets he likes as protection.