2 Smartest Tech Stocks to Buy in 2022 and Beyond
It's a matter of when, not if, the market crashes. While the benchmark S&P 500 has pulled back from the all-time highs it started the year at, the possibility of a major sell-off looms large.
James Bullard, the president of the St. Louis branch of the Federal Reserve just declared it's "fantasy" to think the worst inflation the country has experienced in 40 years is going to be cured by small, incremental increases in interest rates. He says the Fed needs to aggressively raise interest rates to the point where they stop economic growth like former Fed chairman Paul Volcker did in the early 1980s when he hiked rates as high as 20%.
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Source Fool.com
