HomeMarketsIndicesStock Market As The Fed Turns Hawkish
Stock Market As The Fed Turns Hawkish

"Jerome Powell was more hawkish than the stock market expected. The Federal Reserve is trying to curb inflation. Short positions on the S&P 500 or Index are at 2-year highs. There were two quarters of market contraction, which is an indicator for a recession. There are still inflation and negative wage growth worries. Investors can be defensive, but consumer confidence is at an all-time low," says Greg Swenson.

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