Things are happening as we fear they would.
I know, stocks and bonds have been going down. Asian currencies, including the yen, have continued to free fall.
The US dollar – a currency that was shunned 11 years ago, has returned as the safest currency to own for investors.
Last week, the Fed continued to raise interest rates by another 0.75%. That’s the fourth consecutive hike this year.
I believe, the war against inflation is scarier than the current one in Ukraine — more and more people continue to chase a smaller number of goods and services.
Jobs data and unemployment rates also point to a tight labour market – businesses are trying to fill up job roles.
Is Prime US REIT a Buy at 15% Dividend Yield?
Well, that’s what’s keeping Fed Chairman, Jerome Powell up at night: how to slow an overheated economy?
He has also said the Fed is not going to pivot for now....