AlexTeddySG
2022-04-01

$JPMorgan Chase(JPM)$$Bank of America(BAC)$banking stocks fell. I was wondering why. Heres the root cause - yeild curve inversion. 

The complex problem is getting more complex. 

First, recovery from pandemic kicked off higher job rate then inflation, fed rate hike, war, more jobs, more inflation, fed planning to double up the rate hike, still more inflation and suddenly this yield curve inversion which is early sign of recession.

Fed rate hike supposed to rally banking stocks now are in doldrums due to talk of recession. Mega melodrama intensifies. Crazy year indeed. Just be careful.

Macro Trend
Monetary policy, various types of price indices... Here is everything about the macro economy!
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Comments

  • Maria_yy
    2022-04-02
    Maria_yy
    The latest jobs numbers are good and a recession is unlikely.
    • Maria_yyReplyAlexTeddySG
      Yes, economic data is actually pretty good right now, and we don't need to be spooked by Wall Street analysts.
    • AlexTeddySG
      Exactly. I think market is flooded with too much of news and too many young analysts, authors, scribing for living and creating more panic in market. Need to be extra cautious what we are reading.
  • EvanHolt
    2022-04-02
    EvanHolt
    Indeed, what has been going on these days is confusing to me.
  • ElvisMarner
    2022-04-02
    ElvisMarner
    Do you think we should still invest in bank stocks?
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