David McEwen: Stockfox founder says US inflation is going to remain high, that means the markets are going to remain low
The bear comes before the storm.
Bear markets, where stocks fall by at least 20 percent are rare, but often precede a recession.
The NZX has gone down by 20 percent over the last 100 days.
Stockfox founder David McEwen told Mike Hosking US inflation is going to remain high, that means the markets are going to remain low.
He says the rest of the year is going to be choppy.
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