Stephanie Pomboy: Count On A LOT Of Pain Before The Fed Pivots

Wealthion - Be Financially Resilient · Aug 31, 2023 · 1h 5m

There's a lot of disagreement right now about where the markets are headed.

Much of Wall Street is hoping the rally from the first half of the year will re-ignite, and there's a fair amount of technical analysis suggesting it very well may.

But more investors are starting to worry about the impact of today's bond yields. Suddenly, talk is everywhere about how high they are and fear is growing that they may still rise materially higher.

And of course, fundamental analysts have been warning for quarters now that the lag effect from central banks' historically aggressive rate hikes and balance…