Asia-Pacific markets fall;  oil rose 2% on possible OPEC+ supply cuts

Asia-Pacific markets fall; oil rose 2% on possible OPEC+ supply cuts

CNBC Pro: Investment pro says ETFs are a $10 trillion opportunity — and reveals areas of “tremendous” value Exchange-traded funds offer the advantage of diversification, says Jon Maier, chief investment officer of Global X ETFs. He said the ETF market is “growing exponentially” and estimates it is worth $10 trillion. He names several opportunities for…

Market players are beginning to fear a major policy mistake on the part of the central bank

Market players are beginning to fear a major policy mistake on the part of the central bank

A screen shows the Fed rate announcement as a trader works (inset) on the floor of the New York Stock Exchange (NYSE) in New York, June 15, 2022. Brendan McDermid | Reuters The US central bank struck a hawkish tone last week on fighting inflation through monetary policy, but analysts are concerned about the potential…

Market jump after Fed hike is ‘trap’, Morgan Stanley warns investors

Market jump after Fed hike is ‘trap’, Morgan Stanley warns investors

Morgan Stanley is urging investors not to put their money in stocks despite the market rally following the Fed’s decision. Mike Wilson, the company’s chief U.S. equity strategist and chief investment officer, said he believes Wall Street’s excitement over the idea that interest rate hikes may slow sooner than expected is premature and problematic. “The…