World Markets Are Falling Again
The feel-good days for global markets at the end of March are firmly over.
Everything from stocks to bonds is falling -- even oil has pulled back from near records -- in a concerted cross-asset selloff with echoes of the rate-spurred rout of October 2018.
With the Fed mired in what’s expected to be the most aggressive tightening cycle since 1994, the drumbeat of recession warnings is getting louder.
Lu Wang Bloomberg 11 april 2022
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