Will there be a global financial crisis due to U.S. bank failures?

2023-03-29 11:59:43

Prediction

No, the U.S. financial system is stable, but bank stocks will fall

Reason

Next week the Fed will decide whether to raise rates or not. If the rate is lowered it will be a blow to the dollar, if it is raised it will be a blow to the banks. Most bank analysts are predicting that the rate will go up because it is more important to save the dollar. The report will be published in 3 weeks after the meeting, i.e. at the end of April. It also coincides with the publication of Q2 reports. After that there will be an avalanche of falling stocks of banks and technology companies.

No, the U.S. financial system is stable, but bank stocks will fall

In 2 months you have to sell stocks of banks and technology companies or play the downside

References

The outlook for the US banking system is negative

A leading technical analyst has just warned that comments from Fed Chairman Jerome Powell this week could trigger an asset sell-off

Bank of America analyst warns clients that recession shock is on the horizon

Goldman analysts no longer expect Fed rate hike in March after SVB failure

U.S. government steps in and says people with funds deposited at SVB will be able to access their money

Accuracy 20

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How will the prohibition of the combustion engine turn out in Europe by 2035?

2023-02-18 08:36:06

Prediction

The loss of jobs and the energy crisis

Reason

At the moment there is no infrastructure of filling stations, raw materials for the production of batteries are also purchased outside the EU. It is also unclear where all those who assemble engines and sell gasoline will work. But with all these problems the law was passed

The loss of jobs and the energy crisis