Inflation Fears Continue and Tesla Drops Crytpocurrency
NewsWare‘s Trade Talk

Inflation Fears Continue and Tesla Drops Crytpocurrency

2021-05-13
Investor sentiment continues to sink today with inflation fears that have driven global stocks toward a six week low. The confidence that guided two weeks of highs for the US economy and continued Fed Stimulus has been shaken up by recent non farm payrolls falling short of expectations and inflation rising by the most since 2009. Some investors say the surge in consumer prices is a one off reopening burst but the broader markets are hedging agains the possibility that it may persist and force the Fed to...
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