Now that Fed Chairman Powell has made a “mini” pivot in his previous hawkish statements about coming interest rates hikes, is it time to join the recent rally? It is my inclination that those who are looking for a “Santa Claus” year-end rally, might be left with empty stockings hanging on their fireplaces, as the…… Continue reading Time to Leave the Xmas Party?
Tag: Morgan Stanley
Have we Reached Bottom?
Usually, after a panic sell off like the selling we saw on both Friday and Monday, the market could have a substantial snap back rally to scare the short sellers. However, I still see that the usual jump in volatility that usually occurs with temporary bottoms, has not happened yet. Also, I am very concerned…… Continue reading Have we Reached Bottom?
China plans to throw 3 Trillion Dollars to Save Economy
As China’s economy implodes because of the debt buildup over the years, which cannot now be sustained, combined with the covid lockdowns in the major cities, can they solve the potential collapse by creating more debt? It is looking like China’s economy has been built on unsustainable debt levels. In addition, the Chinese authorities are…… Continue reading China plans to throw 3 Trillion Dollars to Save Economy