sell off Tag

Higher for Longer Interest Rates Hurting Stock Prices

Fed chairman Powell suggests interest rates could stay high for a longer period. The stock market, which was expecting numerous cuts this year, has not responded favorably. Up until very recently, the expectation for 2024 has been for moderating inflation and several Fed rate cuts. In...

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Should Investors Sell After a Correction?

Stock prices in markets around the world fluctuated dramatically for the week ended August 27. On Monday, August 24, the Dow Jones Industrial Average fell 1,089 points—a larger loss than the “Flash Crash” in May 2010—before rallying to close down 588. Prices fell further on Tuesday...

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