Not a financial advice.
To support Biden's plan "Invest in America", FED will need to keep raising interest rates to contain #inflation, and make it attractive for international investors.
Meanwhile, Brazilian economy is shrinking, with President looking to lower interest rates which it is what was done in 2003. but this time is indeed different, since the USA...
Not a financial advice.
Fundamentals are all bearish. At the same time everybody seems to be looking for ATH.
Inflation keeps going up, more layoffs happening, and the debt ceiling deal is a check mate for the FED.
If they don't raise the ceiling, FED will increase rates, if the ceiling is raised, FED will increase rates.
Why? Because of inflation.
And remember,...