[New post] You have less money to spend because of inflation and interest rate rises. Why are markets shocked?

Mike Sivier posted: " Interesting thread from Richard Murphy, explaining why you have less disposable cash - and questioning why the markets are so shocked about it: https://twitter.com/RichardJMurphy/status/1585888851125469186 https://twitter.com/RichardJMurphy/stat" Vox Political You have less money to spend because of inflation and interest rate rises. Why are markets shocked? Mike Sivier Oct 28 Interesting thread from Richard Murphy, explaining why you have less disposable cash - and questioning why the markets are so shocked about it: Amazon forecast yesterday that it will make sales up to $15 billion dollars less than previously anticipated in the last quarter of this year. That is a due turn of maybe 10% […] Read more of this post Comment Unsubscribe to no longer receive posts from Vox Political. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://voxpoliticalonline.com/2022/10/28/you-have-less-money-to-spend-because-of-inflation-and-interest-rate-rises-why-are-markets-shocked/ Powered by Jetpack