Closing Bell: Fire in the hole! Stocks plummet on Powell speech 8/26/22
Closing Bell
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Is the Market in Tune With the Inflation Forecast?
Inflation has been clearly the beacon for were markets are going to go from here. The market's pricing in about two to three % inflation coming in pretty quickly. To me, there is no better indicator of the long term expectation of inflation than the tea bondret. And i think old tak will behave much better than ew tech. I think they will hold their value better. If you're concerned about holding on to value, i'd rather hold apple than coco colip.
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