Not long ago the Bernanke (DEF) put was in full force. It meant that if the economic news was bad the FED would cut interest rates and bail the market Out. If the economic news was good then stocks would go up on the good news. Fast forward to today and we have the first FED hike and the FED put is slowly but surely getting reversed with the FED funds rate still close to record lows. This is bad news for risk assets globally as the FED is now surely powerless to support asset prices with their monetary policy.
Flores Needs Greenard Or Van Ginkel To Emerge As Dominant Star In 2024
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The quarterback situation at this point is worse than it was at the start
of the 2023 season.
6 minutes ago