Markets Crater On Fed, BoE Rate Hikes
Tim Mulholland, President, TJM Limited, Chicago
06-May-22 07:00
![Markets Crater On Fed, BoE Rate Hikes](https://bfmcms.s3.ap-southeast-1.amazonaws.com/websiteimages/market-watch/2022-05-06_markets-crater-on-fed-boe-rate-hikes/og_c48fb14b-28f4-4599-b040-49cd0f902e10.png)
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A day after rallying following the Fed's 50bps rate hike, markets cratered, prompting questions on whether any safe havens exist at such a tumultuous time. Tim Mulholland, President of TJM Limited, expounds. Image credit: Shutterstock.com
Produced by: Mike Gong
Presented by: Philip See, Khoo Hsu Chuang, Tan Chen Li
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Categories: trends and forecasts, markets
Tags: international markets, global markets, fed rate hike, safe haven assets,