7% interest rate
“St. Louis Fed President James Bullard said that the Fed has more work to do in lowering the rate of inflation. He said that the federal funds rate could reach 7%, which is above current market expectations. He also added that rate hikes have only had a limited impact on inflation so far. Higher rates are designed to lower inflation by reducing economic demand.”
With such high interest rate, I wonder what kind of impact we will have on the economy, on businesses and on people. Profits will likely drop for most businesses. When that happens, more companies will be “overvalued”. And does that also mean more downside in the stock market?
With such high interest rate, I wonder what kind of impact we will have on the economy, on businesses and on people. Profits will likely drop for most businesses. When that happens, more companies will be “overvalued”. And does that also mean more downside in the stock market?
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razo2 : all fomo buy stock then comes the new batch of people to fill up those that lost. I think we are doomed to see the bear rally all the way until 7% interest rates.
Silverbat razo2 : wise
Markio1315 : yes bear rally.. probably on its last leg already
Violets : all of the talk about pivot is a way to bring people back into the market. there really has been no sign or no reason to believe that there is a pivot coming soon. the media likes to tell people that it may be happening. speculation is a loser's game
Cow Moo-ney OP Violets : Couldn't agree more
ProfB22M : I feel the market is over priced in. I simply cannot believe market actually rally after this piece of news yesterday
Cow Moo-ney OP ProfB22M : Sometimes we need a rally so that we can go further down![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
dwarrior : Institutions need higher to unload
XUEJN :