🚨 Here's a wild stat:
June 2024 marked the first time in 44 months that no global central bank hiked interest rates.
A global easing cycle is upon us.
Prepare accordingly. pic.twitter.com/JBpogzFxzb
— Jesse Cohen (@JesseCohenInv) July 8, 2024
Funny enough, markets tend to rally ahead of rate cuts, and then correct lower once the cuts begin.
Will be interesting to see how it plays out this time. pic.twitter.com/ObNg4aaZxC
— Jesse Cohen (@JesseCohenInv) July 8, 2024
GLOBAL ECONOMY IS EXPERIENCING THE MOST COORDINATED EASING SINCE THE COVID CRISIS:
~80% of 34 global central banks are expected to ease their monetary policy in 2024, mostly through slashing their interest rates.
Canada and European Central Bank have already cut rates in June pic.twitter.com/J8TsTVvpu7
— Global Markets Investor (@GlobalMktObserv) July 4, 2024
The global easing cycle is underway.
Is it too late though? pic.twitter.com/rUdo60n6hx
— The Mad King (@TheKingCourt) June 6, 2024