Surveillance Special: UBS to Buy Credit Suisse
Bloomberg Surveillance
00:00
Is the Fed Stopping Quantitative Tightening?
I think financial conditions are now going to tighten everywhere you look at it. Banks have to protect their balance sheet. They are less likely to land. That will slow down this economy and the theory inflation. You probably have to go back to shorting some of the big techs,. Some of the names that really took the boost last week, right? Because last week, we almost had this Pavlovian reaction, lower rates, higher tech, higher arc. This time is much different. And this is happening because of a recession risk. People aren't gonna spend money on that.
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