BFM Podcast

Stock Market Rally Will Fizzle Out

Tan KW
Publish date: Fri, 14 Oct 2022, 02:32 PM
Stock Market Rally Will Fizzle Out

14-Oct-22 07:00

Clifford Bennett, Chief Economist, ACY Securities

All three US indices rallied yesterday in spite of higher than expected inflation data. This was certainly puzzling and is this another bear market rally? The inflation data will likely result in at least two 75bp hikes for the rest of this year. We speak to Clifford Bennett on his views on this.


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