Posts
RE: Silicon Valley Bank | The 16th Largest Bank in the U.S. Goes Under
25
@mercadomaestro
··
0 views
1 min read
We are going to experience disinflation, @Khal. Disinflation will wipe out the past 3+ years of gains that speculators have seen in high-growth foreign and tech stocks. I think this will definitely harm the startup cult, but that's not always a bad thing, as we have seen with the SPAC bubble that popped, everyone with a business plan and an idea was being handed money with no concern about sustainability, profit, or how to even solve the problems they were claiming to address.
I think the Fed will raise their target rate range to 6% before any easing takes place. Gotta smash all the markets first.
Posted Using LeoFinance Beta
