Everyone wants to make money, but they want to do it now. The lure of quick cash and high returns makes people invest in the stock markets. Most retail investors enter the markets attracted by the promise of hot tips that assure exponential returns. However, such tips seldom pay off with investors losing their investments, which makes them shun investing in the markets.
US inflation tops 4% for first time in three years, keeping Fed hike in play
US inflation climbed to 4.1% in May, driven by rising energy prices, keeping the Federal Reserve’s interest rate hike plans on the table for September.