Inflation's Chill Wind Blows Through Global Markets The recent sell off in global equities, coupled with a spike in government bond yields, is more than just a market correction – it's a stark reminder that inflation fears are finally taking center stage.
The relentless march upwards of stock prices has been halted, at least for now. Technology stocks have taken a hit, and this should not come as a surprise.
Their meteoric rise was always predicated on speculative fervor and a willingness to overlook economic fundamentals.