LONDON -World stocks attempted a move higher on Friday after four days of losses caused by mounting fears of economic downturn, even though the growth concerns were fanned further by data showing a sharp slowdown in China.
Recession fears were fanned further by data showing a sharp second-quarter slowdown in the China, reflecting the colossal hit from widespread COVID lockdowns. Annualised 0.4% growth was the worst since at least 1992, excluding early-2020 when the COVID pandemic erupted. He was referring to weakening economic data almost everywhere, contrasting with high inflation and tight labour markets.
🤔 great way to soar the stock market. Let FED suggest to raise 500bps at first than just raise it with 100bps😆
💯%🚀Ready to go to Mars🚀🎊🎉🥳. Do you want to be on the deal 👍😜😁🎉🎊🥳be aware 🥳🎊🎉.
Neither button does anything to fix inflation. Both leave rates hundreds of basis points below the rate of inflation. A recession may be inevitable but even that won't do much to dent inflation. Ever heard of stagflation? I remember it from middle school. It's coming back.
They should both say soaring inflation.
100 to 125
Cuando?
Inaction would damage the economy, so as the flip-flop policies too.
75-100 better
100bps possibly
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