Consumer sentiment hit record lows, with rising concerns regarding persistently high inflation. With inflation hitting a new 40-year high at 8.6% in May, an aggressive rate hike of up to 75 bps is very likely in the near term, and the Fed’s 2% inflation target seems to be a distant dream now. Such grim anticipation and lingering […]
It's easy to say "buy the dip" when markets can bounce back quickly from a sell-off, but when investors continue swimming in red, it can be disconcerting.