When do you think U.S. enters recession and the Fed cuts rate?
This is historic! For the first time since the past 15 years, real interest in the U.S. is positive. Fed fund rates at 5.1%. CPI at 4.9%. Real rates at 0.2%.
However, for the poor people, core CPI of 5.5% is still way too high. In addition, no bank gives you 5%. What a shame!
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One will need to move their deposit to money market funds to get “real positive rate”. Financial repression continues in the U.S.!
When do you think U.S. enters recession and the Fed cuts rate?
A. Q3 2023
B. Q4 2023
C. Q1 2024
D. Soft Landing, No resn.
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Do you really think the recession is coming? If it is, it is not US itself but the whole world.
i believe that would be something that nobody wants to see
So the Fed needs to do more to prevent the recession
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