It's still all about the pivot - December 19, 2022
It's still all about the pivot - December 19, 2022
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It's still all about the pivot - December 19, 2022
The Market Screener • 19/12/2022 • 4 min
Equity markets have had a second week of decline, which brings them back around their mid-November level. There was a 2.1% drop for the S&P500, -2.8% for the Nasdaq and -1.7% for the Dow Jones. The main driver is still the pivot in the US monetary policy. Investors are trying to guess when the peak of the current rate hike will occur, and at what altitude.