Market pressure may just be the cause for a pause.
Speculation abounds about Federal Reserve Policy for interest rate increases. Every expert seems to have a different take on forecasting what the Fed will do to combat inflation. And unlike the Supreme Court, there are no leaks, only published vague hints.
So, is there hope for some sane monetary policy? We may have reason to hope.
Fundstrat has an opinion: The Federal Reserve is starting to realize that inflation is a smaller "black hole of pain" than previously thought, and a pivot or pause on rate hikes could lead stocks to rally more than 16% by the end of the year, according to Fundstrat's head of research Tom Lee.
Read more here for this positive upbeat prediction: The Fed is realizing that inflation is a smaller 'black hole of pain' than previously thought, and stocks could rally 16% by year-end, Fundstrat says (yahoo.com)
No comments:
Post a Comment