Dropping here some thoughts from Charlie Bilello about interest rate hikes in US.
Current market expectations for path of the Fed Funds Rate…
-Dec/2022 (today): 50 bps hike to 4.25%-4.50%
-Feb 2023: 25 bps hike to 4.50%-4.75%
-Mar 2023: 25 bps hike to 4.75%-5.00%
-Pause
-Rate cuts start in Nov 2023, continue in 2024…
Source: https://twitter.com/charliebilello/status/1602743909674688512
My dog Bella
Thanks ALL for always being there… and our best wishes for the next year to all of you!
Everything is ICE
Here is something to cut the week… John Fogerty (Creedence Clearwater Revival) & Billy Gibbons (ZZ Top)
Haven’t seen this pretty often…
I am actually glad that this can be explained in terms of Electronic Gates…
I cannot stop thinking… how does this affect us?
This is an area where Earth‘s inner Van Allen radiation belt comes closest to Earth’s surface, dipping down to an altitude of 200 kilometres (120 mi).
This leads to an increased flux of energetic particles in this region and exposes orbiting satellites to higher-than-usual levels of ionizing radiation.
Source: https://en.wikipedia.org/wiki/South_Atlantic_Anomaly
Hernan Vivani's Blog 