Last week the major stock indices scored gains, after previously hinting at a correction. Yields increased, confirming positive market sentiment. The Fed lived up to expectations and announcing it will start the tapering process by the end of the year, while bringing forward the timing of the rate hike in 2023. On the other hand the Chinese stock market is struggling, due to Evergrande and to the government’s new policy approach. Inflation data out this week in the US and in the EU.
Audio recorded on 27.09.2021