"These things always come to an end, and it's very hard to say what the catalyst that will bring it to an end will be. It could be another Covid variant, at the moment I think that is fairly unlikely," he said.
"The most likely [catalyst] from my view is that the Fed actually is forced to stop giving a double message and starts having to talk quite seriously about the days of additional monetary stimulus and financing of budget deficits [being] over," he said. While some Fed officials have indicated a need to bring forward the conversation about tapering the central bank's asset purchase program,the markets by suggesting the projections be taken with a "big grain of salt."
Roche suggested the spread of the delta variant was unlikely to be the trigger for pent-up consumer savings to be withheld and for markets to pull back. "With regards fiscal stimulus, the likelihood is that the combination of excess savings in both the housing sector and in the corporate sector, plus the fact that there will be more stimulus coming down the line, will keep people fairly optimistic about growth," he said.
Yes I think this will definitely happen!
correction is due ...its high time need one ! that will be very healthy and good for long term stocks and investors .
It’s about time !
Good project
As if market dosen't know what democrat senators position are?
dogecoin
😂 LMAO. This bubble is going to get soooo big… they aren’t even thinking about thinking to raise rates until 2023. Burst it? Really? Not anytime soon. Nah. They’re going to blow the biggest bubble ever first… and you better have some Bitcoin
So, more stocks at a discounted price? I’m all for it
If ever a market needed bursting it's this one.
The market is on borrowed time, either the Fed will 'taper', which will cause a crash or inflation will lead to demand destruction which will eventually cause a crash...
Inverse CNBC. The trade always works (at least short term). Don’t be a victim of tv personality investment advice. It’s always shit lol. Remember, majority is always wrong. CNBC ppl make money off viewership and ads. Not sound market advice
No bailouts this go-round, RIGHT? SenWarren SenSanders
thanks
ok..then lemme sell me shares