economy Markets

It’s Going To ‘Feel Like A Recession’: One Bank Thinks The Die May Be Cast

"Those returning from summer holidays have had a bit of a shock".

"Those returning from summer holidays have had a bit of a shock".
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1 comment on “It’s Going To ‘Feel Like A Recession’: One Bank Thinks The Die May Be Cast

  1. AVW says:

    this happens each time. CBs claim to be on watch, investors believe “they” wont let bad things happen. last time, subprime was contained, and the fed cut rates a few times….then a few more as it became apparent the fed was chasing the market and the market had no reaction to fed cuts…only the $2T blank check, tarp, and outright QE turned the tide. this incremental, ‘insurance’, approach will appear futile. of course a full on 50bps cut and promises of another wont do anything either, as the fed as far less influence on mkts (well into a bull mkt) than people think it does.
    after a major decline and CBs running around opening every spigot they can find…those periods the fed has a little more influence

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