Hope of rate cuts
Rate cut hopes are fading and falling day by day. Many are questioning if the Fed will cut interest rates in June. The odds of a June’s cut is less than 30% now.
If this high interest rate environnement continues, many companies will feel the pinch. In fact we have seen that from the major 3 banks’ earnings. Bank of America will likely be the next.
If this high interest rate environnement continues, many companies will feel the pinch. In fact we have seen that from the major 3 banks’ earnings. Bank of America will likely be the next.
$Rivian Automotive(RIVN.US$ $NIO Inc(NIO.US$ $XPeng(XPEV.US$ $Goldman Sachs(GS.US$ $ProShares UltraPro QQQ ETF(TQQQ.US$ $PayPal(PYPL.US$ $MasterCard(MA.US$ $Visa(V.US$ $Arm Holdings(ARM.US$ $Johnson & Johnson(JNJ.US$ $Workday(WDAY.US$ $Lululemon Athletica(LULU.US$ $Starbucks(SBUX.US$ $McDonald's(MCD.US$ $Morgan Stanley(MS.US$
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dwarrior : Economy is strong (mag 7). Only when recession hits
71732910 : they'll cut when the data shows several months of weakness.
Cow Moo-neyOP 71732910: But right now it’s several months of hot inflation data