Stepping down from aggressive rate hikes could help boost stock markets – Charles Schwab Equities CentralBanks InterestRate Banks SP500
"Santa Pause" rally could be in store for markets as the year draws to a close
“Stepping down from aggressive rate hikes could help boost stock markets. Since signs of stepping down began to emerge at the start of October, the MSCI EAFE Index of international stocks climbed nearly 10%. Stock markets outside the US that are outperforming the S&P 500 Index this year include many countries where the central banks are stepping down.”
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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