and discuss its next rate hike decision. According to McDonald, the central bank remains unlikely to cut this time, but it will happen "very shortly."
"The Street was looking for 50 basis points of rate hikes tomorrow... the beast in the market is taking central bankers in the United States and Europe and slamming them over the beast's meat, so everything the central bankers wanted to do going forward is now highly suspect," McDonald explained. "Rate hikes are going to turn into rate cuts very shortly. And what's happening in Europe is just a follow-on relationship to the U.S.
I agree
The bank fiasco has been known and planned for a while. More banks will fail. The endgame is a cashless society. Resist digital currency with all you’re worth. Why? The government can track you, hunt you and cut you off! The ultimate control!
Not sure that will happen
Doubt it 😕
.look into MMTLP bigger then FTX, SVB, CreditSuisse & MADOFF
Please look into MMTLP bigger then Credit_Suisse FTXscandal SVB Madoff
100% rate hike by fed next week
Highly unlikely. They'll raise it another .25 or .50 because the desired level of damage has not yet been achieved.
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Stock market strategy, outlook: Sell any stock bounces amid SVB falloutSell any rally in the stock market as fallout from Silicon Valley Bank's failure isn't over after government intervention, Morgan Stanley's chief stock strategist says
Lire la suite »
Stock Market Today: Dow Futures Drop 600 Points, Credit Suisse Stock Price Down 25%The Dow dropped more than 500 points as banking fears increased and Credit Suisse shares tumbled. Treasury yields fell sharply. Probably good for inflation. “Edna! Get my broker on the line! We’re putting everything in Gold! We’re circling the drain! And bring the Maker’s Mark with you!”
Lire la suite »