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UCLA Extension Business Insights

UCLA Extension Business Insights

Education

Ep. 65 - Now That Interest Rates Are Up and Stocks Are Down…What’s Next?

Ep. 65 - Now That Interest Rates Are Up and Stocks Are Down…What’s Next?

2022-04-27
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We now have Stagflation or if you prefer, Stayflation with an oncoming recession. Globalization is quickly morphing into two trading blocs (China/Russia and U.S./Europe/Japan). Many countries are temporarily caught in the middle. Russia/China is moving rapidly to Yuan/Rouble oil and natural gas trading while bypassing the U.S. dollar SWIFT global financial network. Many import/export relationships are changing with higher prices a likely outcome for many months ahead…if not years.
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