Thursday, May 12, 2022

Market corrects 7% since RBI hikes rate. Here are factors eroding investors#39; wealth

Market corrects 7% since RBI hikes rate. Here are factors eroding investors#39; wealth Inflation continues to be a major headwind for markets. Consumer inflation in the US in April coming at 8.3 percent reinforces market#39;s concern about aggressive rate hikes by the Fed and the possibility of a US recession in 2023

from Moneycontrol Market Outlook https://ift.tt/hsruMt0

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Global Market Today: Asian stocks rise after tech-led rebound in US

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