Emeritus Prof Christopher May on Nostr: Meanwhile on the stockmarket; Traders have finally come to understand that the ...

Meanwhile on the stockmarket;

Traders have finally come to understand that the Central Banks anti-inflation measures (read higher interest rates) have had some serious negative effects in the real economy.

These traders now seem to have 'discovered' that major economies have been in engineered semi-recession(s) or under growth constraints caused by Central Bankers' actions.

So, they've done what traders always do - sold off some of their holdings... financial crisis beckons?.

#stockmarket