Citation :
U.S. markets have seen wild swings recently as investors braced for a hawkish Fed, with the Nasdaq 100 plunging into correction territory last week. Shares stateside could correct further in the near term “because the market is pricing in a lot of Fed rate hikes this year and the move was quick for Treasury yields,” Liu said. Deutsche Bank expects concerns to ease in the second half as inflation moderates, projecting the S&P 500 Index to hit 5,000 points by end-2022, or a 13% gain from Monday’s close, as the bank sees better-than-expected earnings and a 4% growth in the economy to offer support.
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