The worst is yet to come – Sean Peche rings the alarm bells 

UK-based value fund manager Sean Peche gave words of warning as the market continues its volatile year. The tech-focused Nasdaq has been the worst affected; growth company valuations are being reconsidered given inflationary pressures and an imminent interest rate hike cycle. Market volatility has been elevated for some time now, with yesterday’s wild swing underpinning the uncertainty present in the market. Peche believes the themes that have played out at the beginning of this year will persist. The economic indicators point towards value outperforming but all eyes will be on the Federal Reserve as it turns on the taps on quantitative easing and historically low interest rates.