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Fred Hickey: 2023 Is Going To Be Another Bad Year For Markets

Wealthion - Be Financially Resilient

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The Fed's Gonna Hike Until It Breaks Something, Right?

CNBC's John Defterios says the Fed is likely to hike until it breaks something. He predicts that at some point, President Obama will have no choice but to step in and rescue the banking system. UBS' deal with Credit Suisse was a "scandal going on right here," writes Defterios. The Swiss government has given UBS $10 billion worth of backstop if Credit Suisse assets go back under its control.

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