Even after the market crashes, investors are still making two implausible assumptions about the next six months, this economist says

This is not the first time that inflation numbers have surprised the market. The bad news was the S&P 500 SPX, + 0.55% It saw the biggest one-day drop in two years, dropping 4.2%. The good news is if you check your 401(k) it will only go back to last week’s levels, futures are holding … Read more

Elon Musk predicts a terrible economy

Inflation is by far the word of 2022. The prices of soaring goods and services have reached their highest levels in 40 years, which greatly affects the purchasing power of households. To relieve consumers, the Federal Reserve embarked on aggressive behavior monetary policycharacterized by a sharp rise in interest rates. Economists warn that this monetary … Read more