Wall Street's VIX index, which tracks market volatility more broadly and is known as the fear gauge on Wall Street, jumped 12% on Wednesday alone. According to interest rate futures, 60% now say they don't foresee rate hikes in the near future. So after a year that's all the steepest rate increases since the 1980s, we might finally see rate hikes come to an end or rather a pause.
Russian fighter jets collided with an American Drone causing it to go down, the failure of both Silicon Valley and Signature banks continue to send ripples throughout the industry, and San Francisco proposes millions in reparations for its black residents. Get the facts first with Morning Wire.
Bartesian: "For a limited time, get FREE cocktails and FREE shipping with your Bartesian. Text “WIRE” to 64000.
*Message and data rates may apply. See terms for details.*"
Nugenix: Get a complimentary bottle of Nugenix Total T when you text ‘WIRE’ to 231-231.
Black Rifle Coffee: Get 10% off your first order or Coffee Club subscription with code WIRE: https://www.blackriflecoffee.com/