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More Blood Spilt in Wake of UK, SNB Rate Hikes

Tim Mulholland, President, TJM Limited

Morning Run · Market Watch · 16 Jun 2022 · 10 mins listen

US markets cratered again last night following rate hikes from the UK and Switzerland, taking year-to-date losses on the S&P to -23%, prompting more hand-wringing and worry. Tim Mulholland, President, TJM Limited in Chicago, discusses what's in store for the second half of the year following a torrid first half.

Image Credit: Shutterstock.com

Produced by:

Michael Gong

Presented by:

Khoo Hsu Chuang,Philip See,Wong Shou Ning

Categories:

markets,economy,international

Tags:

interest rate hike,monetary tightening,central banks,bear market,recession

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