The Fed meeting tomorrow will be a key confirming indicator twhich most likely will see interest rate to be raised by 0.75bps as per current expectations by majority of analysts. Further, it can be the start of a turning of tide where a mild recession scenario would be most ideal in this case, but seeing the current market sentiments, investors are estimating a larger cut in the market. Hold tight everybody!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments