It seems most of Wall Street believes September will be a month we won’t want to remember. We are less than two weeks away from a pivotal inflation report and three weeks from the FOMC meeting. The repositioning of portfolios is just beginning as the Fed accelerates the balance sheet runoff, while we are barely seeing signs that real economy is starting to feel the impact of tightening.
US stocks are declining after another round of strong labor and manufacturing data confirm the Fed’s hawki
02-09-2022 03:56 GMT
by Edward Moya
