Investors need a short-term and longer-term plan as rate hikes expectations change: Strategist
Category:Cross-Border
Updated:2022-06-24
Karl Schamotta, Chief Market Strategist at 91¿ì»îÁÖ, joins BNN Bloomberg to discuss markets as investors prepare for a recession. Schamotta notes that as central bankers move more hawkishly, the odds of a recession increase and it could lead to rate hike expectations dropping in the middle of the curve. Schamotta advises investors to be defensive for now, but also have a longer-term plan as rate hikes could slow down in 2023.
Cross-Border
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