Markets Choppy Over Anticipated US Rate Hike
The following are market comments from Mihir Kapadia, CEO of Sun Global Investments, discussing markets choppy over anticipated US rate hike, US banks to deliver stellar earnings report this week. Q4 2021 hedge fund letters, conferences and more Interest Rate Hikes Expected“European markets opened cautiously on Monday, still under pressure by last weeks' Fed Minutes release which indicated that the expected interest rate hikes in the US are going to be earlier than expected. The muted start to the week is also on the back of Friday’s disappointing Jobs data from the US – which showed significa...