Alex is the Co-head of Investment Strategies at Bernstein Private Wealth Management. He started his career in back-office operations for investment companies, sat across the table from institutions as an investment consultant, served as Chief Financial Officer of two mutual fund complexes, and now Co-head of Investment Strategies. Working as an investor is not only his passion, it's who he is. Alongside his team, Alex develops investment solutions that address every possible market opportunity and imaginable challenge.
Asian and European stocks fell Wednesday after another turbulent day for US markets, as investors continue to sell off amid fears of global inflation, further interest rate hikes and broader economic turmoil.
Fed members are all singing from the same hymn book. They are willing to weaken the economy to bring inflation in check. They are saying it over and over and over again because, up until 10 days ago, the market didn’t believe them.