Still, the best chance for markets to recover is through a "Fed pivot."

Since the stock market started to plummet by almost 25% in January of this year, investors have struggled to time the market.

Whether or if the Federal Reserve follows through on plans to hike its benchmark interest rate to 4.5% or higher next year will likely determine the appropriate response.

The possibility of an emerging-markets crisis brought on by higher interest rates and a 20-year high for the U.S. dollar.

A downturn in the housing market brought on by rising mortgage rates

The failure of a financial institution as a result of the worst bond market in a generation has global markets on edge.

The Fed's capacity to carry through its anticipated interest rate increases to control inflation without imposing.

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Summers urges Fed to continue tightening, despite the impending "Collision"