Aug 14, 2022|Market Insights- 1 min
Markets expect an increase of 0.5% in the Core Consumer Price Index that will be announced on August 10.
Employment increased in July, especially in hospitality, services, healthcare, and education.
Earnings are decreasing, which indicates rising risks. Also, the slowdown in Europe and China will affect the earnings of multinationals.
Inflation is receding and recession is approaching. We now have a bear market not a recession.
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