What Happens If The Fed Doesn’t Capitulate On Interest Rates?
In the past stock markets used to rely on the innovation and profit reports of individual companies, and while there were sometimes all encompassing events that would push equities in one direction or another, in the last decade there has been only one factor that ever really matters: The Federal Reserve. The central bank has positioned itself as the ultimate arbiter of market rallies and corrections. In fact, most of the world is now placing all their investment bets on a single hope, that the Fed will capitulate on interest rate hikes, ignore the stagflation crisis and ramp up the printing presses once again with
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https://www.zerohedge.com/markets/what-happens-if-fed-doesnt-capitulate-interest-rates