Market expert: Brace for 'very difficult economic environment ahead'

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Federated Hermes senior portfolio manager Steve Chiavarone says the market is still ‘grasping' at dealing with higher rates.

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26 thoughts on “Market expert: Brace for 'very difficult economic environment ahead'

  1. Unless your heads are buried and your being smothered and your brain no longer works this is being done purposely and not just in the USA but world wide.
    You can blabber on forever but there is a force causing worldwide destruction a force you ,me and no one else can STOP

  2. This is financial advice and I never give financial advice: DONT LEAVE DURING THE BEAR. If you don’t want to invest…learn. If you don’t want to learn…build. If you don’t want to build observe. DO SOMETHING…other than leave. There is so much opportunity here. Take advantage!

  3. <Every financial goal requires patience, dedication and consistent spirit knowing that investment is currently the most lucrative business in the world, BTC is positively changing people's lives. I stopped panicking about my BTC the very moment i started working with Fadwa Robertson last year, his confidence and skills is on a maximum level…

  4. It feels like if people don't see growth in a week or a month they throw a tantrum sell out then proceed to call the market a fraud, lol. Forgetting It's always the hard times that show us how to be better investors for the long term ; understand and know the path needed and stay committed to the craft. Be smart don't let fear stop you from making money

  5. AMERICA HAS BEEN LIED TO & THE TRUTH MUST BE TOLD!!!
    Who sets prices for goods & services, does the president, Congress, governors, mayors or judges? Or, are prices set by business owners, business CEO's or the board members of business? We ALL KNOW that there are a lot of business leaders & stock holders that are GREEDY & have decided they're going to make the most money ever to the economy's & the consumer's detriment! I'm a product of family & business GREED & it is normal practice to try and gouge the consumer until the majority shows evidence that they won't pay our over pricing anymore.

    Government or governmental leaders can't dictate what we charge! And in the environment since COVID-19 began, most business leaders pushed prices up & in most cases far beyond reasonable because we saw there was a great amount of money being spent, especially for what we call essentials & then there could be false justifications placed on economic pressures on every conceivable industry. NOT ALL, but most business, especially BIG BUSINESS, will take advantage of consumers when times are most difficult, it's because, we know in difficult times, the consumer goes into self-preservation mode & buys more to try to safe guard themselves from lack in a time of need & comfort themselves with added extras to help sooth themselves as much as possible trying to feel like situations are normal.

    We just need to come to grips with the facts, there will always the poor & there will always be the GREEDY that will try to get MORE regardless of how WEALTHY THEY ALREADY ARE & NO MATTER WHO THEIR GREED HARMS, BUT THEY WILL TRY TO MAKE YOU BELIEVE, IF THEY HARM YOU, THEY ARE ONLY DOING WHAT'S NECESSARY TO PREVENT WORSE OR TRY TO MAKE YOU BELIEVE THEY'RE ACTING IN YOUR BEST INTEREST. It's also important to understand, since we know the consumer has paid so much more for goods & services, business WILL NOT bring prices back to pre-COVID-19 levels, NO MATTER WHAT & THAT'S JUST THE WAY IT IS! GREED IS THE ULTIMATE DETERMINANT!

  6. How about addressing the banking issues going on right now? What does the Dodd Frank Act do to your deposit? Does it make your deposit a "loan" to your bank & technically no longer " your" money?? How long can they " hold the loan" before they "repay" you? Does anyone know the answer?

  7. So arrogant and so immoral you are a dying empire , I no longer admit to being American it's embarrassing . Living in Portugal now, So much Better , you have no Idea. BTW Russia is By Far Stronger and more Moral , so forget any fantasy of defeating them not gonna happen. The Days of US hegemony are completely over.

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