Markets have become incredibly volatile lately.
This is all thanks to fears around inflation, the Federal Reserve, higher energy prices, and the debt ceiling, not to mention the concerns the global economy is slowing. Even the International Monetary Fund (IMF) is concerned, cutting its global economic forecast thanks to the coronavirus pandemic.
In fact, while the IMF predicted 6% global economic growth earlier this year, that will be scaled back, according to Kristalina Georgieva, the IMF’s managing director, as noted by The Guardian: “After a summer hit by supply-chain bottlenecks and rising inflationary pressures, the IMF chief said momentum in the US and China–the world’s two biggest economies–was slowing.”
Together, it’s all a recipe for disaster, fear, and wild uncertainty.
This article originally appeared at Investors Alley.