Stocks, Bonds Slip as Oil Jump Fuels Fed-Hike Bets
Stocks joined bonds lower as higher oil prices stoked worries about inflationary pressures, which were further bolstered by data showing jump in US business activity at the fastest pace since 2021. Gargi Chaudhuri, Global Chief Investment Strategist at BlackRock, discusses the markets and how investors can be more selective amid a higher rate cycle. (Source: Bloomberg)
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
