Hot Reads: Fed Isn’t Trying To Start A Recession
Plus, Mohamed El-Erian and Cathie Wood have thoughts on what lies ahead.
Compiled by ETF.com Staff
Powell: Fed 'Not Trying To Induce A Recession' With Interest Rate Hikes (Yahoo Finance)
The Fed chair said Wednesday that the central bank hopes to avoid a recession after ratcheting up its pace of interest rates hikes.
El-Erian: Fed Must Do More Than Raise Rates By 75 Points (Advisor Perspectives)
Allianz's chief economic advisor says the central bank desperately needs to regain control of the inflation narrative.
Cathie Wood Sees Deflation Risk, Defends Innovation Stocks (ThinkAdvisor)
ARK Invest's CEO calls inflation a lagging indicator and says forward-looking data tells a different story.
8 Facts To Know About A Bear Market (Kiplinger)
Bear markets are normal, inevitable and, most importantly, don't last forever.
Time For Investors To Tilt To Risk Assets? (Institutional Investor)
Weiss' CIO says there's a "completely new story" coming, and markets will be up at the end of the year.
Stocks Jump As Powell Soothes Wall Street's Nerves (Financial Advisor Magazine)
Stocks halted a five-day rout after the Fed chair said outsized rate hikes will be rare.
Goldman Probe Tarnishes ESG Halo As Investors Bail (Bloomberg)
With Goldman Sachs becoming the latest firm hit by an ESG investigation, the industry's problems may just be starting.
Bill Gates: Crypto, NFTs A Scam (CNN Business)
Microsoft co-founder says those digital asset trends are "100% based on greater fool theory."
