The Eurozone central bank raised rates by an unprecedented three-quarters of a percentage point last week to anchor inflationary expectations, while the US Federal Reserve has indicated it is not done with rate tightening just yet despite the very real threat of protracted economic contraction.
Kaynes shares plunge 43% from October peak. Is a tactical rebound on the cards or more pain ahead?
Kaynes has plunged 43.5% from its October peak, with Friday’s 12.5% drop marking the steepest single-day decline. Momentum indicators remain bearish, signaling a risk of