Market Views: How will inflation and tapering affect US equities?
The Federal Reserve has announced the beginning of its much-discussed tapering soon. Adding in the effects of inflation and supply chain disruptions, does this mean US equities are set for a drastic correction in the short term?
Strong corporate earnings have sustained the bull market's momentum on Wall Street. How long can the upward movement in the markets continue?
The question is a live one because tapering is looming. After the Federal Reserve announced on Nov 3 that it will reduce monthly bond purchases by $15 billion from December, the S&P 500, Dow Jones Industrial Average, and Nasdaq 100 all closed at record highs.
But that didn’t last long. The market lost steam with the three major indice…
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.