Markets have ‘lost the plot’ on interest rates: Strategist
The release of June Purchasing Managers’ Index (PMI) data shows signs of economic acceleration, with a reading of 54.6 beating economists’ expectations of 53.5. JPMorgan Asset Management Global Market Strategist Jack Manley joins Catalysts to discuss his (^DJI, ^IXIC, ^GSPC) market outlook in light of this data. Manley expressed frustration with the market’s prevailing “good … Read more