
A Wake-Up Call for Investors to the New, New Normal
The Investopedia Express with Caleb Silver
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What Should We Expect From the Fed?
The Fed said inflation would be transient. It's not. We expected the Fed to pivot and ease back on rate hikes. It hasn't. So what should we realistically expect as investors for the next six to 12 months? I know us at Schwab personally were not in the pivot camp. The narrative that really developed in mid June when the market had its initial low leading to the two month rally was on this hope assumption of a pivot.
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