Surging Dow Erases Post-Powell Losses As Rate-Hike Odds Soar

Surging Dow Erases Post-Powell Losses As Rate-Hike Odds Soar

Who could have seen this coming?

And that is as the market prices in an 80% chance of 5th rate-hike this year (and a 30% chance of a 50bps hike in March)…

Do traders realy think the stock market can bear that?

Tyler Durden
Thu, 01/27/2022 – 09:49

via ZeroHedge News https://ift.tt/3HaDEoM Tyler Durden

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