Battered investors hoping for a reprieve from the teeth of the bear market may have to wait until early 2023.
That’s the blunt assessment from Pimco portfolio manager Erin Browne.
“I think it [the bear market] will continue into the first quarter of next year because the Fed is going to keep hiking [rates],” Browne warned on Yahoo Finance Live (video above). “And so it’s hard to have with any certainty right now what next year will bring.”
That’s hardly welcome analysis in what has been a…
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