Stocks Teeter as Fed Walks Line Between Inflation and Recession
-
Stock prices like Apple (AAPL) have fallen to critical support levels, presenting buying opportunities but also risks if prices break support.
-
Fed Chair Powell will likely signal slowing rate hikes but not cutting yet, fueling stock buying that may be premature.
-
Jobs growth and openings data remains strong though moderating, keeping Fed on course.
-
Bitcoin rose to new highs again but pulled back as whales took profits, with buying resuming from mom and pop investors.
-
With risks still elevated, investors should protect portfolios, holding cash and considering hedging strategies.