The Fed vs Trump – a tale from NY

By Elena Moya

In true October fashion, both equity and bond markets recently plunged. US President Trump quickly said the US Federal Reserve (Fed) is hiking rates too fast, hurting growth. The IMF quickly answered: the Fed’s hikes are legitimate. Who’s right?

The value of investments will fluctuate, which will cause prices to fall as well as rise and you may not get back the original amount you invested. Past performance is not a guide to future performance.

Elena Moya

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