They say everything is fine/back to normal. We can clearly see it is not fine/nowhere near normal.

Mar 17, 2023

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The ECB hiked its interest rate benchmarks today by 50 bps. Markets everywhere basically ignored it. What happened over the past week has already left serious and lasting doubts if not persistent scars. What's priced to come next isn't more rate hikes...from anyone.

Eurodollar University's Money & Macro Analysis

ECB Monetary policy decisions
https://www.ecb.europa.eu/press/pr/date/2023/html/ecb.mp230316~aad5249f30.en.html

Ben Bernanke; Inaugurating A New Blog
https://www.brookings.edu/blog/ben-bernanke/2015/03/30/inaugurating-a-new-blog/

Twitter: https://twitter.com/JeffSnider_AIP
https://www.eurodollar.university
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DISCLOSURES
Jeffrey Snider (The Promoter) is acting as a promoter for an investment advisory firm, Atlas Financial Advisors, Inc. (AFA). Jeffrey Snider is affiliated with AFA as a promoter only and is not in any way giving investment advice or recommendations on behalf of AFA. The Promoter is being compensated by a fee arrangement: The Promoter will receive compensation on a quarterly basis, based on the increase in account openings that can be reasonably attributed to the Promoter's activity. The Promoter will not be receiving a portion of any advisory fees. The Promoter has an incentive to recommend the Adviser because the Promoter is being compensated. The opinions expressed on this site and in these videos are those solely of Jeffrey Snider and Eurodollar University and do not represent those of AFA.