Shaking off inflation, rate hike debate, and oil’s not well?
Rates are edging higher again today, but this time stocks are rising as well. It comes as a key inflation reading came in softer than expected, but still the biggest jump on record. We’ll explain what it means for you & your portfolio. Plus, the Fed is kicked off a two-day meeting, widely expected to raise rates by a quarter point tomorrow – the first hike since the pandemic began. We’ll look at the fallout. And, oil prices continue dropping as fears of a slowdown in China sink in, remaining below $100 per barrel. We’ll dive deeper into concerns for the energy market.
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