The Limited Times

Now you can see non-English news...

Markets fear autumn storms

2022-09-19T16:25:59.707Z


DECRYPTION - Inflation and recession worry investors. The beautiful summer on the markets is only a distant memory. Dark clouds are gathering on the horizon. This summer, investors were hoping for a decline in inflation and a more lenient attitude on the part of central banks. They quickly became disillusioned. At the end of August, at the end of the annual symposium of central banks in Jackson Hole, Wyoming, Jerome Powell, the boss of the powerful A


The beautiful summer on the markets is only a distant memory.

Dark clouds are gathering on the horizon.

This summer, investors were hoping for a decline in inflation and a more lenient attitude on the part of central banks.

They quickly became disillusioned.

At the end of August, at the end of the annual symposium of central banks in Jackson Hole, Wyoming, Jerome Powell, the boss of the powerful American Fed, ruined these hopes.

He said he was determined to use

“every tool at our disposal”

to put an end to runaway inflation.

Since then, stock market indices have continued to plummet.

In one month, the equity markets, in the United States and in Europe, lost around 10%.

The Vix, a measure of volatility on Wall Street, also known as the "fear index", jumped 35%.

Tighten the screw

Inflation is indeed far from settling down.

Worse, previously it was essentially linked to soaring energy prices;

now it is spreading everywhere.

Last Tuesday, Wall Street suffered a severe...

This article is for subscribers only.

You have 80% left to discover.

Cultivating your freedom is cultivating your curiosity.

Keep reading your article for €0.99 for the first month

I ENJOY IT

Already subscribed?

Login

Source: lefigaro

All news articles on 2022-09-19

You may like

News/Politics 2024-01-31T06:09:01.705Z

Trends 24h

News/Politics 2024-03-28T06:04:53.137Z

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.