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Podcast  >  Morning Run  >  Market Watch  >  More Blood Spilt in Wake of UK, SNB Rate Hikes

More Blood Spilt in Wake of UK, SNB Rate Hikes

Tim Mulholland, President, TJM Limited

17-Jun-22 07:05

More Blood Spilt in Wake of UK, SNB Rate Hikes

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


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Tags:  interest rate hikemonetary tighteningcentral banksbear marketrecessionConsumer Goods/ServicesCommodities, AgribusinessIndustrial Goods/ServicesEconomy, Marketsmarketseconomyinternational


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