Investors are rewarded with fear

Traders on Wall Street

Fear is currently dominating the markets.

(Photo: AP)

Are we still living in a market economy, or is it already a planned economy? The central banks should do something that is otherwise considered taboo: control prices. In addition, they now have a decisive influence on what happens in the markets. They make shareholders happy or unhappy and create new jobs or cause unemployment.

They can rarely please everyone with this. Fear is currently dominating the markets. The fear that the US Federal Reserve (Fed) is making a big mistake. More precisely: that she commits a second mistake. Most economists are now of the opinion that the Fed reacted too late to the increase in inflation.

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