15/10/2022
US DOLLAR RISING AND STOCK MARKET & INDICES FALLING.
In the current environment, the Fed may have no choice but to continue raising rates aggressively to bring monetary policy to a sufficiently restrictive level and keep it there for some time in an effort to curb inflation via demand destruction. This means that a "dovish pivot" is unlikely to materialize in the near term, even if tightening financial conditions lead to a painful recession.
U.S. dollar's bullish impetus seen in 2022. On the other hand, stocks are likely to continue to suffer.