Normal
Clearly petrol/gas/crude prices are driving this. Inflation expectations & CPI seem to have peaked globally - for now. Not sure where the markets are going with this.Inflation remains high and the Fed will likely continue to hike. CME Fedwatch tool says that 50bps hike is most likely (57%) v. 75bps (43%). Yield curve remains inverted. Consumers increasing dependent on credit cards to pay for inflation. US Tech has been laying off employees in significant numbers. A number of commentators (hedge fund managers) suspect the US is, or will be, in a recession.The main question will be whether or not price of oil can begin to head upwards again. Interested to hear what [USER=82196]@over9k[/USER] and [USER=676]@Smurf1976[/USER] have to say...
Clearly petrol/gas/crude prices are driving this. Inflation expectations & CPI seem to have peaked globally - for now. Not sure where the markets are going with this.
Inflation remains high and the Fed will likely continue to hike. CME Fedwatch tool says that 50bps hike is most likely (57%) v. 75bps (43%). Yield curve remains inverted. Consumers increasing dependent on credit cards to pay for inflation. US Tech has been laying off employees in significant numbers. A number of commentators (hedge fund managers) suspect the US is, or will be, in a recession.
The main question will be whether or not price of oil can begin to head upwards again. Interested to hear what [USER=82196]@over9k[/USER] and [USER=676]@Smurf1976[/USER] have to say...
Hello and welcome to Aussie Stock Forums!
To gain full access you must register. Registration is free and takes only a few seconds to complete.
Already a member? Log in here.
