Friday, 7 January 2022

Markets fall as Fed prepares to enter “uncharted waters”

Markets fell on Thursday.

The S&P 500 dipped 0.1 percent, the STOXX Europe 600 fell 1.3 percent and the Nikkei 225 plunged 2.9 percent.

Investors have been selling stocks amid concerns that the Federal Reserve will start hiking interest rates, cut the amount of bonds it buys each month and reduce its balance sheet.

DataTrek co-founder Nick Colas said in his daily note Wednesday evening that “these are truly uncharted waters”.

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