Federal Reserve Chair Jerome Powell warns inflation is high, and interest rates could rise soon. The Fed needs to balance keeping the economy stable while cooling inflation. Goldman Sachs advises investors to consider hedging for a potential recession.
Market strategists suggest that the recent stock market rally may not be over yet, with potential for more gains. Economic data and lower inflation have been driving the uptrend, while investor positioning remains largely conservative. Strong starts to the year often lead to above-average returns, according to analysts, with high-quality bonds and small- and mid-cap equities presenting attractive opportunities. Investors should be wary of possible risks, but a market crash is not expected.
Explore the evolution of tech policy from Obama's optimism to Harris's vision at the Democratic National Convention. What's next for Democrats in tech?