Stock market bulls confidently predict that the U.S. market will rally the instant the Federal Reserve pauses in its battle against inflation.
Yet it hasn’t always worked out that way. A review of past cycles of inflation, interest rates and the U.S. stock market reveals that there can be a considerable lag between peak inflation, peak interest rates, and the stock market’s low. And by “considerable” I mean months, if not years.
Consider…
This post was originally published on Market Watch
