Further 20% fall in U.S. stocks ‘certainly possible,’ says IMF director

, the IMF's baseline continued to be that global credit markets remain "in an orderly manner" and would not tip into a full-blown crisis on the scale of a "Lehman moment.""[Financial stability risks] are very elevated. They are only higher in times of acute crisis, such as the 2008 crisis, the 2020 Covid crisis or the euro crisis," he said.

"So yes, we are in a very, very stressed moment, we do hope that we will avoid a systemic event. But the likelihood is certainly elevated at this point." Banks have a lot more capital and liquidity than during the 2008 crisis, when a lot of acute stress was caused by the banking system, he noted — however, an adverse scenario in emerging markets would see 30% of banking assets undercapitalized, and vulnerabilities in the non-bank financial system could spill into the banking system, he warned.

nana

Yawn

It is underestimate of fed expectations.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

'The More You Shut Up, the Better': Painter Adrian Ghenie on Giving Up Trying to Control His Frankenstein Monster of an Art Market | Artnet News'The more you shut up, the better.' Painter Adrian Ghenie on giving up trying to control his Frankenstein monster of an art market:
Herkunft: artnet - 🏆 522. / 51 Weiterlesen »

JPMorgan CEO Jamie Dimon Warns Recession Could Hit in 6 Months, Stock Market Could Drop 20% More — 'This Is Serious Stuff' – Economics Bitcoin NewsJPMorgan CEO Jamie Dimon has warned that the U.S. economy could tip into recession in 6-9 months and the stock market could easily fall another 20%. Why dont they want us to know this? The craziest airdrop is Live 💰 Airdrop Don't be late 🤯
Herkunft: BTCTN - 🏆 531. / 51 Weiterlesen »