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Mid-Market Update: Prepare for March Mayhem, ISM data sends 10-year tentatively to 4%, Stocks tumble as Fed signal higher rates, China’s robust PMIs, Hot German inflation, AUD GDP, Oil volatile post U
US stocks are falling after the ISM manufacturing report posted a modest rise that still remains in contraction territory, but prices paid came in hotter, which signals rising costs are coming. The argument for more rate hikes is elevated as material costs appear poised to rise and as the Fed has yet to see a […]...
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Posted: Mar 1 2023, 19:31
Author Name: marketpulse
Views: 110752