👆⚡️🇺🇸☢️🗣 June should become the breakeven, vital point for market sentiment -
🔥Goldman Sachs:
We no longer expect a rate increase in June after the release of US inflation data. source: forexlive.com
▪️Fed plans to raise interest rates in May despite recession risks source: wsj.com
🔥Goldman Sachs:
We no longer expect a rate increase in June after the release of US inflation data. source: forexlive.com
▪️Fed plans to raise interest rates in May despite recession risks source: wsj.com
⚡️🇬🇧☢️🗣It's a big week for UK data, with February jobs figures on Tuesday and March inflation numbers Wednesday.
Bank of England policymakers, who expect inflation to ease, may have their fingers crossed for good news. Inflation unexpectedly rose to 10.4% in February, pushed up by higher food and drink prices in pubs and restaurants, data that likely cemented the case for March's rate hike.
Markets anticipate at least one more rate increase. Sticky inflation remains the obstacle to just where rates will peak, with food inflation running at 18%, a level last seen in 1977.
Bank of England policymakers, who expect inflation to ease, may have their fingers crossed for good news. Inflation unexpectedly rose to 10.4% in February, pushed up by higher food and drink prices in pubs and restaurants, data that likely cemented the case for March's rate hike.
Markets anticipate at least one more rate increase. Sticky inflation remains the obstacle to just where rates will peak, with food inflation running at 18%, a level last seen in 1977.
⚡️🇺🇸☢️🗣U.S. Treasury Secretary Janet Yellen said banks are likely to become more cautious and may tighten lending further in the wake of recent bank failures, possibly negating the need for further Federal Reserve interest rate hikes.
"Banks are likely to become somewhat more cautious in this environment," Yellen said in the interview, which is scheduled to air on Sunday. "We already saw some tightening of lending standards in the banking system prior to that episode, and there may be some more to come."
She said that would lead to a restriction in credit in the economy that "could be a substitute for further interest rate hikes that the Fed needs to make."
So, funding availability will become shorter from small and mid size business very soon...🔥🤓
"Banks are likely to become somewhat more cautious in this environment," Yellen said in the interview, which is scheduled to air on Sunday. "We already saw some tightening of lending standards in the banking system prior to that episode, and there may be some more to come."
She said that would lead to a restriction in credit in the economy that "could be a substitute for further interest rate hikes that the Fed needs to make."
So, funding availability will become shorter from small and mid size business very soon...🔥
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⚡️🇺🇸☢️🗣 Goldman Sachs echoes to JPM, hinting on higher potential rate:
A 5% rate will not break the market. Many highly rated companies that have refinanced old debt during the pandemic, cutting borrowing costs to near-record lows, continue to enjoy low rates.
source: marketwatch.com
A 5% rate will not break the market. Many highly rated companies that have refinanced old debt during the pandemic, cutting borrowing costs to near-record lows, continue to enjoy low rates.
source: marketwatch.com
MarketWatch
Why 5% interest rates might not derail the stock market or the U.S. economy
'A 5% interest rate is not going to break the market,' says Ben Snider, managing director, U.S. portfolio strategy at Goldman Sachs Asset Management.
☝️☢️🗣 - 🇷🇺🇺🇸🇬🇧 Daily Mail columnist : Britain out of the way with Washington fanatics who started a proxy war with Russia
A powerful fraction in the US government that has long sought to weaken Moscow's position on the world stage is trying to get its way with the Ukraine crisis. Meanwhile, the United Kingdom has no interest in continuing and maintaining this war.
🔥 Interesting turn, I would say, drastic one...🤔 The shadow of AUKUS is becoming more clear day by day...
A powerful fraction in the US government that has long sought to weaken Moscow's position on the world stage is trying to get its way with the Ukraine crisis. Meanwhile, the United Kingdom has no interest in continuing and maintaining this war.
🔥 Interesting turn, I would say, drastic one...
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Mail Online
PETER HITCHENS: Why are the SAS in Ukraine – and do we have a clue why we're involved in this war?
PETER HITCHENS: Who decided to send the SAS to Ukraine? What are they doing there? What would happen were they to be killed by Russian forces, or captured by them?
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⚡️🇪🇺☢️🗣European Central Bank President Christine Lagarde said she doesn’t foresee the US defaulting on its debt, saying such an outcome would have dire consequences around the world.
“I have huge confidence in the United States,” Lagarde said in an interview for CBS’s “Face the Nation” on Sunday. “I just cannot believe that they would let such a major — major — disaster happen.”
“If it did happen, it would have very, very negative impact not just for this country, where confidence would be challenged, but around the world,” Lagarde added. “I understand the politics, I’ve been in politics myself. But there is a time when the higher interest of the nation has to prevail.”
🔥Everything about this news is surprising: both the fact that the head of the ECB has to say this publicly, and the tone itself. This is no longer an "iron hand in a kid glove", but almost a panic attack.
Translated into normal language, it sounds something like this: what the hell is going on with you? Are you out of your mind?!
Apparently, the United States either does not think to negotiate at all, or deliberately takes time to collapse all other markets. Because the default of the United States (even technical, arbitrarily frivolous) automatically means the collapse of the global financial market in its former form.🤓
“I have huge confidence in the United States,” Lagarde said in an interview for CBS’s “Face the Nation” on Sunday. “I just cannot believe that they would let such a major — major — disaster happen.”
“If it did happen, it would have very, very negative impact not just for this country, where confidence would be challenged, but around the world,” Lagarde added. “I understand the politics, I’ve been in politics myself. But there is a time when the higher interest of the nation has to prevail.”
🔥Everything about this news is surprising: both the fact that the head of the ECB has to say this publicly, and the tone itself. This is no longer an "iron hand in a kid glove", but almost a panic attack.
Translated into normal language, it sounds something like this: what the hell is going on with you? Are you out of your mind?!
Apparently, the United States either does not think to negotiate at all, or deliberately takes time to collapse all other markets. Because the default of the United States (even technical, arbitrarily frivolous) automatically means the collapse of the global financial market in its former form.
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⚡️🇩🇪☢️🗣🇩🇪 The housing crisis in Germany is deepening. Housing permits fell by an astounding 20.6% in February. It was the 10th consecutive decline due to rising interest rates and construction costs. 2023[BBG]
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⚡️🇺🇸☢️🗣🏦🇺🇸 Americans who use BNPL/Buy Now, Pay Later (BNPL/Buy Now, Pay Later) apps to buy groceries are at risk of falling into a debt cycle .
With inflation slashing budgets, more consumers are turning to instant lending apps to make ends meet
With inflation slashing budgets, more consumers are turning to instant lending apps to make ends meet
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🇺🇸🏦 BofA Bear Poll : Investor share of stocks relative to bonds has fallen to its lowest level since the global financial crisis, according to a global survey of fund managers by Bank of America Corp., as recession fears intensify.
Concerns about a credit crunch led to an increase in the share of bonds to 10% - the highest since March 2009. 63% of participants now expect the economy to weaken, the most pessimistic since December 2022.
Concerns about a credit crunch led to an increase in the share of bonds to 10% - the highest since March 2009. 63% of participants now expect the economy to weaken, the most pessimistic since December 2022.
⚡️🇺🇸🇨🇳🤜🤛🗣Unprecedented rules limiting American investments in China are expected later this month - Politico
“We must maintain as large of a lead as possible” in high tech sectors like microchips, Sullivan said, previewing new Commerce Department rules released in October that sought to grind Chinese chip development to a halt.
Smells like anti Russian sanctions 2.0. But the question is - whether global economy could carry this?🤔
“We must maintain as large of a lead as possible” in high tech sectors like microchips, Sullivan said, previewing new Commerce Department rules released in October that sought to grind Chinese chip development to a halt.
Smells like anti Russian sanctions 2.0. But the question is - whether global economy could carry this?
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☝️☢️🗣 - 🇨🇳🇺🇸China has imposed sanctions against the American Lockheed Martin and Raytheon Missiles & Defense, — Ministry of Commerce of China
Chinese businesses are prohibited from trading with these companies. And the management of Lockheed Martin and Raytheon is prohibited from entering, working and staying in China.
Reason: companies supply weapons to Taiwan.
Chinese businesses are prohibited from trading with these companies. And the management of Lockheed Martin and Raytheon is prohibited from entering, working and staying in China.
Reason: companies supply weapons to Taiwan.
💬 James Bullard : "Fear of a recession is wrong. It is necessary to raise the rate to a restrictive level - 5.50-5.75%" source: bloomberg.com
(18.04.2023)
(18.04.2023)
⚡️🇺🇸☢️🗣 We just have talked about California commercial Real Estate in weekend - and here we go:
Is it still commercial real estate? California fund writes off $52 billion of assets
🍕The California Teachers' Retirement Fund, one of the largest not only in the US, but throughout the world, is going to write off $52 billion of commercial real estate assets. This is just over one sixth of the total assets under management of the fund , that is, the amount is quite tangible .
The reason is the sharp tightening of the Fed's monetary policy. 🔥
Is it still commercial real estate? California fund writes off $52 billion of assets
🍕The California Teachers' Retirement Fund, one of the largest not only in the US, but throughout the world, is going to write off $52 billion of commercial real estate assets. This is just over one sixth of the total assets under management of the fund , that is, the amount is quite tangible .
The reason is the sharp tightening of the Fed's monetary policy. 🔥