The stock market relief rally could fade soon as investors confront scorching-hot inflation and continued interest rate hikes from the Federal Reserve.
Barron’s markets editor Ben Levisohn, Barron’s reporter Carleton English and Barron’s senior writer Al Root discuss trends in markets, big tech and renewable energy after second quarter GDP signals recession.
Equities bounced back in July with a solid — and rare — rally thanks to some weaker economic data that buoyed expectations of a dovish Federal Reserve and But the relief rally is unlikely to last long as investors continue to weigh scorching-hot inflation, aand a possible deceleration in U.S. hiring, according to the Goldman analysts led by Cecilia Mariotti.
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