The amount of money that investors
are parking at a major Federal
Reserve facility dropped below $1
trillion for the first time in more
than two years |
00:01 -
13/11/23 |
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The S&P 500 has been in a drawdown for nearly two years, the
longest since the Global Financial Crisis which took 4.5
years to get back to new highs. |
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As shown in the chart below, technology companies were the
only sector holding up the market from mid-1999 to March
2000 |
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People’s expectations about future inflation play a key role
in driving price increases because they influence
consumption and investment decisions that in turn affect
price and wages |
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Gas prices in the US have moved down to $3.40/gallon
(national average), lowest since March. |
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