The US Stock Market has been rallying since November, fuelled by superior earnings. Inflation has been mostly ignored in the past 2 months due to the large amounts of optimistic news.
Now however, the Federal Reserve is showing signs of turning hawkish, and press releases by fed officials and their chairman have caused the stock market to dip 2% from its high.
In the last video, we talked about oil prices spiking due to tensions in the Middle East, those tensions are in the process of being diffused, along with additional good news that inflation has come down in EU. But will it translate over to the US?
Find out with Mr Loo in today's video!
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