Markets fell following latest inflation data ... what can we do?
Markets fell across the boards following the new inflation data. With this, it is expected that the Fed will need to maintain their current or adopt a more aggressive stand towards inflation with interest rate hike increases. Market performance following close as of 11May2022 (EST) Friday's jobless data will provide the remaining data as the Fed tackles both inflation and unemployment. Together with the sale of the purchased treasuries and mortgage-backed securities (MBS), the Fed will use the latest data to chart their coming measures to contain the inflation while keeping unemployment low at bay. Honestly, the Fed is caught between a rock and a hard place. We need to realise that this market "correction" has been delayed by the various stimulus introduced to battle the pandemic. Though there are more companies available at good discounts, the decline is far from over. We could expect some partial relief but with the market nervy, and less than favourable earn...