Tapering has been on the tip of every investor’s tongue over the past couple of months following the Fed’s hawkish approach to announce a possible interest rate hike in 2023. Read more
Tags : jackson hole symposium
The markets were in a consolidation phase yesterday as investors lay in wait with the impending Jackson Hole Symposium set to take place in Kansas City tomorrow. Yesterday we got some substantial movement from Airbnb as the higher infection states due to the Delta variant saw some significant progress made. Read mor
The markets managed to close the week out positively, as we saw the Nasdaq, Dow and S&P all close the day higher, recovering a substantial amount of the week’s selloff. Investors remain vigilant in the bull market as vaccination rates continue to increase despite the Delta variant risk. The European markets followed suit as the US Indices dragged the Dax and FTSE higher. Read more.