Stocks, Bonds Slip as Oil Jump Fuels Fed-Hike Bets
Stocksย joinedย bondsย lower as higherย oil pricesย stoked worries about inflationary pressures, which were further bolstered by data showing jump inย US business activityย at the fastest pace since 2021. Gargi Chaudhuri, Global Chief Investment Strategist at BlackRock, discusses the markets and how investors can be more selective amid a higher rate cycle. (Source: Bloomberg)