FastSaying

Right now there's concern again reemerging in the market that the Fed (U.S. Federal Reserve) is going to become more aggressive,

Doug Porter

ConcernRight

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Some evidence has emerged that inflation is starting to pick up, and there's concern that the Fed's rate increases may not have been enough so far to keep that inflation contained, ... It suggests that we may see more aggressive rate hikes rather than the gradual baby steps we've seen.
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When the strategist at Goldman Sachs reduced her recommended weighting on equities it sent the market into the red right off the bat, and ended up lower pretty much across the board in Canada and the U.S.,
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