Investors shift focus to growth stocks emerging in China to benefit
People use their smartphones to take photos outside the Wynn Macau casino resort, operated by Wynn Resorts Ltd., in Macao, China, on Tuesday, Jan. 30, 2018.
Billy HC Kwok | Bloomberg | Getty Images
As we enter 2023, Wall Street appears to be shifting its focus from inflation to growth.
Investors appear to believe the Federal Reserve has inflation under control after raising interest rates significantly throughout last year. Now, these high levels are causing fears of a recession in the US