14/11/2022
While it’s too early to tell, it was essentially evidence that inflation might finally be slowing, which is what the Fed said it needed to see in order to slow down the pace and size of rate increases. As the global economy grows, annual consumption of commodities like oil and industrial metals rises steadily and seldom falls, even during a recession. The problem is that producers stop investing in new productive capacities when commodity prices fall.
What Happened in the Stock Market As of Nov. 11, 2022? For Philippine Stock Market Insights go to this article: https://www.bworldonline.com/stock-market Last week was a bit of a roller coaster for US markets with mid-term elections and inflation data driving the moves. When the US inflation data...