It’s still a bear market and the inverted yield curve is concerning, says Carl Icahn
Jonathan Mondillo, abrdn head of North American fixed income, says they still expect the Federal Reserve to keep raising rates.
FRANKFURT (Reuters) – Financial investors might be underestimating the “persistence of inflation”, the European Central Bank’s vice-president Luis de Guindos said on Friday as he listed possible risks to financial stability. He added there needed to be a clear deceleration in headline and underlying inflation for expectations about future ECB interest rate hikes to stabilise. NN: I am selling the shit out of this crap.