Based on 19 bear markets in the last 140 years, here’s where the current downturn may end, says Bank of America
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"We took several steps to consolidate operation, bring production closer to the US and are making targeted strategic investment to increase capacity, improve productivity and drive efficiencies across the entire supply chain," says @Mattel CEO Ynon Kreiz on beating #inflation.
The last Fed tightening cycle - and balance sheet run-off - ended Dec 19, 2018, when markets pitched a fit and S&P 500 sold off hard. That's what's going on now. Markets think global recession is coming and see hikes as a mistake. Markets will sell off until they get their way...
Egyptian urban inflation hit its highest level in almost 3 years on the back of soaring global commodity prices and a recent currency devaluation https://t.co/Mk2DLb60u6