group-telegram.com/englishfashionista/7828
Create:
Last Update:
Last Update:
BY Kir Royal
Share with your friend now:
group-telegram.com/englishfashionista/7828
group-telegram.com/englishfashionista/7828
Share with your friend now:
group-telegram.com/englishfashionista/7828
View MORE
Open in Telegram
Telegram | DID YOU KNOW?
For tech stocks, “the main thing is yields,” Essaye said. "The inflation fire was already hot and now with war-driven inflation added to the mix, it will grow even hotter, setting off a scramble by the world’s central banks to pull back their stimulus earlier than expected," Chris Rupkey, chief economist at FWDBONDS, wrote in an email. "A spike in inflation rates has preceded economic recessions historically and this time prices have soared to levels that once again pose a threat to growth." READ MORE Friday’s performance was part of a larger shift. For the week, the Dow, S&P 500 and Nasdaq fell 2%, 2.9%, and 3.5%, respectively. "Markets were cheering this economic recovery and return to strong economic growth, but the cheers will turn to tears if the inflation outbreak pushes businesses and consumers to the brink of recession," he added.
from tr