The economy is already in a glide path to recession and the Fed’s quickening pace in terms of QT will accelerate the decline in stock prices and increase in bond yields, said Phil Orlando, chief equity market strategist at Federated Hermes, who recently increased his cash allocation to a 20-year high.
Tech View: Nifty forms Doji candle on weekly scale. What traders should do next week
Technically, the index closed below the level of 22,500, which has been acting as a minor support for the last couple of days. While this