3min chapter

The Loonie Hour cover image

Fed Hikes Rates Despite Banking Crisis Spreading

The Loonie Hour

CHAPTER

The Circular Economy of the Credit Market

The Fed is waiting for the labor market to capitulate. I'm of the view that the labor market is very, very strong. The banking sector is getting squeezed. And companies eventually, SMEs are eventually forced to either slow down their operations and contract their operations.

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