Macro Finance
Stocks, Bonds Slip as Oil Jump Fuels Fed-Hike Bets
Bloomberg Markets·September 23, 2026·1 min read
Stocks and bonds slipped as higher oil prices fueled worries about inflationary pressures, bolstered by data showing US business activity jumped at the fastest pace since 2021. Gargi Chaudhuri, Global Chief Investment Strategist at BlackRock, said investors should be more selective amid a higher rate cycle, focusing on quality assets.
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