Prospector News Publisher, Michael Fox isa joined by the Publisher of the National Investor Chris Temple to talk about the latest quarter point interest rate rise by the US Fed. We discuss the rate hike and the markets seemingly shrugging it off as if what the Fed is saying “Higher for Longer” is not a thing.
Chris discusses the Five reasons for this:
Finally, we discuss the very short market tantrum on Thursday that wasn’t related to the Fed but by decisions by the Bank of Japan to change the target interest rates on Gov’t bonds.
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