Shownotes
August 2022 End-Month Market Review Summary Points:
- Stocks and bonds fell sharply in the last week of August. However, emerging markets were a bright spot.
- Fed Chairman Jerome Powell expressed very clearly the intention to keep rates elevated to fight US 40-year high inflation.
- In Singapore, inflation is at its highest since 2008 as energy and food prices soar.
For the complete market review, you can visit https://providend.com/a-bull-a-bear-or-a-bull-in-a-bear-mid-month-market-update-august-2022/