Reason for the current plunge in risky assets) Changes in real-time interest rate betting
Reason for the current plunge in risky assets) Changes in real-time interest rate betting Yesterday, Wheeler, the second-in-command of the Federal Reserve, instilled hope for a freeze in the market September FOMC base rate bet changed to [25bp increase -> freeze] So risky assets rebounded significantly. With the recent announcement of the strong non-farm index, [freeze -> 25bp increase] changed to fixed ratio again. = get down again #economy
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