Before the Russia/Ukraine situation that was one of the many reasons for people selling out of stocks. There were back and forth among analyst and banks CEOs saying there would be anywhere from 3-7 rate hikes and growth stocks were slaughtered.
It seems the Omicron fears are long gone now is it the same for the whole interest rate hike fears that was dominating the finance media space in January/early February? It was like that news story of inflation and what the Fed would do disappeared from the headlines last week after being all the media talked about.
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