Stock market crash? The data will tell you whether you should get into a panic about a higher rate

On November 30, Powell, President of FED, made an unexpected hawkish statement at the quarterly hearing of Senate Banking Committee, indicating that they will discuss whether to accelerate the completion of tapering at the FOMC meeting in December due to the ongoing inflation concern. Affected by this, the market rate hike expectation rose sharply, and… Continue reading Stock market crash? The data will tell you whether you should get into a panic about a higher rate