Asia shares brace for rate hikes, earnings rush

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Interest rates, tech earnings and jobs and wage data are in traders' sights.

Oil up as LNY travel in China surges

Earnings from a who's who of tech giants will also test the mettle of Wall Street bulls, who are looking to propel the Nasdaq to its best January since 2001.

 

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US gov't $1.5T debt interest will be equal 3X Bitcoin market cap in 2023The Fed cutting rates is a matter of time to avoid 'catastrophic debt crisis,' says NorthmanTrader. NorthmanTrader Lol they’re not going to slash rates for years to come. Hikes only for 2023 and probably the first half of 2024 NorthmanTrader Wednesday 🚀🚀🚀 NorthmanTrader Even if the Fed manages to drive the inflation rate to its “target” of 2%, that still means that inflation will get worse. That would require a 40% deflation and that won’t happen. The root of the problem is monetary: the currency debasement from 2020 and continuing lockdowns.
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