“People have to be very cautious here in chasing this dip, especially as these economic impacts and fears start affecting our economy as well through consumer confidence,” said Jerry Braakman, President and Chief Investment Officer of First American Trust. Changes in stocks, commodities, currencies, and bonds are still largely being affected by the war in Ukraine. Oil prices have surged as well as various metals. The volatile global market is creating concern for many investors as they anticipate news from the Federal Reserve on monetary policy changes and consumer price index performance.
Read more about the current stock market and how investors are reacting in this article by The Wall Street Journal.
Please note that a paid subscription to The Wall Street Journal may be required.