Monthly Archives - August 2022

Behind the numbers it’s all about energy pricing

31 Aug 2022 - US stocks fell for a third straight day overnight, jeopardising a summer comeback rally, as the Federal Reserve and other global central bankers continued to signal they will raise interest rates to squash inflation despite the negative consequences for economic growth and, potentially, corporate profits.


Fed Chair rhetoric whacks markets: Water crisis in China

29 Aug 2022 - US stocks plummeted on Friday after Federal Reserve Chair Jerome Powell said in his Jackson Hole speech the Central bank won’t back off in its fight against rapid inflation. Asian and European gas prices hit record highs again on Friday. Drought has been declared across the globe.