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The Zhitong Finance App learned that Macro Risk Advisors LLC said that the interest rate hike that the Federal Reserve may start as early as this week may trigger a correction in the S&P 500 index because falling corporate profit margins will hurt profit prospects, and the market is preparing for an austerity cycle.
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The Zhitong Finance App learned that Macro Risk Advisors LLC said that the interest rate hike that the Federal Reserve may start as early as this week may trigger a correction in the S&P 500 index because falling corporate profit margins will hurt profit prospects, and the market is preparing for an austerity cycle.
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