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Bloomberg Wealth: What Inflation and Rate Hikes Mean for Your Portfolio

Senate Majority Leader Plans Showdown To Ease Filibuster For Voting Rights Bill
Photographer: Ting Shen/Bloomberg

We’re less than two weeks into the year and already the stock market looks poised for a shakeup.

We just found out that U.S. inflation hit a 39-year high in 2021. Bitcoin — ascendant last January as an equity alternative for some — is off to its worst annual start since cryptocurrencies began. And Goldman Sachs now thinks that the Federal Reserve will raise interest rates four times this year.