Simon_says

Prediction of next financial downturn Pt.2

Simon_says 已更新   
Dow Jones dropped over 1200 points in one day, that's the biggest downward move ever happen.

Interest rates are going down FED Watch Tool shows over 99% that FED will cut at least 25pts.

More cuts will come soon, please check www.cmegroup.com/tra...untdown-to-fomc.html

I follow this website and 3-5 days ago there was only 10% for a single interest rate cut.

Unfortunately, due to the Coronavirus outbreak global economy suffers and the whole world will soon enter Great Depression!
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So far so goooooood!!

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Negative interest rates could be needed for a ‘V’ recovery, Fed economist says
www.cnbc.com/2020/06...-economist-says.html

St. Louis Fed researchers say negative interest rates may be needed for economic recovery
www.marketwatch.com/...-recovery-2020-06-03
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