Economic uncertainty tests markets


Source: cnbc.com cnbc.com

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Macro uncertainties have increased dramatically as 2022 enters its final stretch, making the outlook for markets even murkier in the fourth quarter than in prior periods. There is a perplexing economy, aggressive Federal Reserve policy and geopolitical uncertainty that could all weigh on stocks and continue to boost the dollar. And inflation continues to flare, pushing central banks to raise interest rates even as the global economy wobbles. "The markets always focus on the shark closest to the boat. ... There are a number of them circling these days," said Rick Rieder, chief investment officer of global fixed income at...