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Inflation will surge toward 5%, and sharemarkets' reaction will be severe
Markets continue to climb on (somewhat unconvincing) talk of Iran conflict resolution. Analysts are more convinced that inflation will spike above 4% in the US and 5% in Australia in coming months. Especially the US market is not ready for this, so when it does hit the reaction is likely to be severe.
Watchlist: ARM, Meituan, G8 Education
Check out these stocks: www.moomoo.com/quote
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By Moomoo Australia & New ZealandMarkets continue to climb on (somewhat unconvincing) talk of Iran conflict resolution. Analysts are more convinced that inflation will spike above 4% in the US and 5% in Australia in coming months. Especially the US market is not ready for this, so when it does hit the reaction is likely to be severe.
Watchlist: ARM, Meituan, G8 Education
Check out these stocks: www.moomoo.com/quote