Prices are rising, squeezing consumer budgets more than they’ve seen in the last 40 years.
European stocks retreat as global markets remain attuned to Ukraine, inflation
The pan-European Stoxx 600 fell 0.7% by early afternoon deals, with tech stocks falling 1.9% to lead losses while oil and gas stocks bucked the downward trend to add 1.6%.
Jim Cramer tells investors to ‘bow down to the Fed’ and beware of false market optimism
CNBC’s Jim Cramer on Tuesday warned investors against buying unprofitable stocks due to unwarranted optimism about the stock market.