The writer is a philanthropist, investor and economist
The stock market has been jolted from its record highs in recent weeks, as investors who rely on low interest rates to “justify” steep valuations have been confronted with the prospect of tighter monetary policy.
This might be a prelude to more turmoil. The US Federal Reserve appears to be walking a tightrope, with the potential for a policy error at each side.
您已阅读9%（416字），剩余91%（4226字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。