Even before the outbreak of the Israeli-Palestinian conflict, markets appeared to have already embraced a “higher for longer” scenario. The Federal Reserve’s upgraded projections for growth and unemployment beyond 2023, along with heightened rate projections for 2023 and 2024, took markets by surprise.
The Fed’s caution is well-founded in light of prevailing challenges such as elevated oil prices, the resumption of student loan payments, the United Auto Workers strike, and the potential for a government shutdown...
Marelene Hassine Konqui is associate director general at BSD Investing and Ahmed Khelifa is CEO of L’Allocataire. To subscribe to BSD Investing’s newsletter, click here.
This article first appeared in Actives Unlocked: The Next Battleground, an ETF Stream report. To read the full article, request access here.
