Next Fed rate hike to spark dangerous game in economy: Peter Bookvar
The market’s violent reaction to hotter-than-expected inflation may usher in more losses. Investor Peter Boockvar believes Wall Street is coming to grips with a painful reality: Inflation isn’t moderating, so the Federal Reserve won’t pivot. “After next week’s rate hike, we’re going to start playing a dangerous game with the state of the economy. The …
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