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Morgan Stanley says US bank stocks will do well even when Fed pauses interest rate hikes'The irony is that financials didn't do well this year when rates are going up, it may be the case that financials do better in 2019 as the Fed backs off,' said Mike Wilson, Morgan Stanley's chief U.S. equity strategist. Noone buys this crap. Big banks are just glorified credit card companies at this point. They send you a cc offer at 23% for 5,000 but ask for a loan and good luck. Meanwhile shadow lenders offering fixed rates at 10% for the same 5,000. CNBC is so out of touch with reality.
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »
Market research guru Jim Grant predicts the Fed 'will definitely blink' on interest ratesThe Fed won't end up raising interest rates as aggressively as projected, says the editor of the Grant's Interest Rate Observer newsletter. I'm sorry, I can't take anything seriously that's said by a man not in a tuxedo wearing a bow tie. I hope he's right though. This guy is Bill Nye post meth addiction
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »
Fed doesn't seem in as much of a rush to raise interest rates as stocks plungeFed speakers suddenly sound like they aren't in as much of a rush to raise interest rates with the stock markets plunging and corporate bonds wobbling Wait til December and then we will see Now just wait for the Fed-bashers to start posting. That's fake news. The CONFUSION wants that to be but they're for real. You feel oppressed? The number is decreasing really we are INGODWETRUST
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »