The Fed Is Nowhere Near Done with Rate Hikes
Last week, the market told us exactly why we should stay short as the jobs report and personal-consumption-expenditures (PCE) index both showed growth.This morning we saw a continuation of this trend as the Services ISM surprised analysts to the upside, delivering a 56.5 reading versus an expected 53.5.
Here’s what could happen next…
Tags: short, Stock Market, stock market today
The post The Fed Is Nowhere Near Done with Rate Hikes appeared first on Money Morning – We Make Investing Profitable.
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