Fed’s inflation battle to worsen market turmoil: Canaccord’s Dwyer

Stocks may go into a deeper tailspin. Canaccord Genuity’s Tony Dwyer predicts 1980s-era interest rate hikes will exacerbate the turmoil and make a recession seem increasingly more likely. “Typically, I’ve been bullish over the years. But there’s a money availability problem,” the firm’s chief market strategist told CNBC’s “Fast Money” on Monday. “Ultimately, you have … Fed’s inflation battle to worsen market turmoil: Canaccord’s Dwyer Read More » The post Fed’s inflation battle to worsen market turmoil: Canaccord’s Dwyer first appeared on 1patogh.
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