While the Fed pulled it off at near-zero cost to the U.S. economy, Britain paid with a recession; India avoided a downturn but now faces a currency crisis ....
Mathias Heim, CIO at Bellecapital, outlines his investment plays in the event of an inflation spike and explains where he thinks investors can make the most money in the AI trade ... .
The main reason is the fear of inflation as rising oil prices from the US-Israel war on Iran threatened to push inflation higher in the import-dependent nation ... .
Two of the key US indices are at record highs despite uncertainty about the ongoing conflict in the Middle East. Follow the day's events and insights from our business reporters on the ABC News live markets blog ... .