drop…
Energy stocks are 5% below highs, indicating oil’s potential return of 48%, impacting Fed policy and financial markets. Rate hikes probability decreases, but odds of rate cuts drop, with no cuts until May 2024.
Energy stocks are only 5% away from recent highs. If historical correlations matter, it is hard to believe oil won't follow the same path. That alone would imply a 48% return from its current levels. As a crucial contributor to …
Personal savings drop, lowest since 2013 amid high credit card debt and interest rates.
“Personal savings have plummeted following C19 It’s now at the lowest levels since 2013 WIth credit card debt and interest rates at their highest levels, consumers now face major headwinds” Personal savings have plummeted following C19 It’s now at the …
Oversupply of vehicles leads to manufacturers cutting prices, with 5 million unsold cars causing a drop.
“Car prices are about to drop, an oversupply of vehicles will lead to manufacturers slashing prices. There are too many cars and not enough buyers. UBS reports that the production of cars is outpacing sales by 6%, this leaves about …
Bank Equities Drop… Big 4 Banks Unrealized Losses as of Q4 2022 (Bank of America at $116 bil)
by Infamous_Sympathy_91