TALKING STOCK
RICARDO SMITH: Expect more Fed hikes, but there’s light at the end of the tunnel
In the long term, things are picking up with most of the S&P 500 companies
18 August 2022 - 18:58
Had you predicted at the beginning of the year that US inflation would be 8.5% year on year in July and markets would be excited by it you would run the risk of being called all sorts of unpleasant things.
But this is where US inflation is, and markets have responded positively...
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