Tag: Strong Dollar

Friday Rally Stems Week of Losses – Weekly Update

July 18, 2022 | By Steven DiGregorio

Stocks Slide As the week opened, recession fears intensified with reports of renewed Covid-related lockdowns in China. Also, the U.S. dollar continued to climb, reflecting global economic weakness. June’s consumer price index report showed price increases accelerating. Year-over-year prices jumped 9.1%, the fastest pace in over 40 years. Speculation grew that the Federal Reserve might […] READ MORE